Swagelok enterprises is a manufacturer of miniature fittings and valves. over a 5-year period, the costs associated with one product line were as follows: first cost of $30,000 and annual costs of $18,000. annual revenue was $27,000, and the used equipment was salvaged for $4,000. what rate of return did the company make on this product?

Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.