Business, 07.05.2020 04:57 guadalupemarlene2001

The owners of a chain of fast-food restaurants spend $ 25 million installing donut makers in all their restaurants. This is expected to increase cash flows by $ 10 million per year for the next five years. If the discount rate is 6%, were the owners correct in making the decision to install donut makers?

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The owners of a chain of fast-food restaurants spend $ 25 million installing donut makers in all the...