Aroma Candles, Inc

question 35

Multiple Choice

Aroma Candles, Inc. is evaluating a project with the following cash flows. Calculate the IRR of the project. (Round to the nearest whole percentage.) Year Cash Flows
0 ($120,000)
1 $30,000
2 $70,000
3 $90,000

• A) 18%
• B) 23%
• C) 28%
• D) 33%

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Definitions:

Dextrose

A simple sugar made from corn, chemically identical to glucose, and often used in baking and medical scenarios.

Dextrose

A form of glucose used in medical settings as a source of energy and fluids.