Aero Serve, Inc. manufactures cleaning nozzlesfor reverse
Chapter 2, Problem 2.80(choose chapter or problem)
Aero Serve, Inc. manufactures cleaning nozzlesfor reverse pulse jet dust collectors. The companyspent $40,000 on a production control system thatwill increase profits by $11,096 per year for5years. The rate of return per year on the investmentis closest to:(a) 20%(b) 16%(c) 12%(d) Less than 11%
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