A few days ago
MATH HELP PLEASE hOW DO I SET THIS UP ? RATE OF RETURN PROBLEM?
Yellow trucking agrees to purchase another trucking company for $966 million dollars . in order to reduce so called cost such as office payroll and other cost by 45 million per year. If the savings were realized as planned what would be the rate of return on there investment?
Top 1 Answers
A few days ago
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The rate of return is:
45 * 100 / 966
= 4.66% per annum.
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