A bulk materiais hauler purchased a used dump truck for $50,000 two years ago. The operating costs have been $5000 per m
Posted: Mon May 02, 2022 8:01 am
A bulk materiais hauler purchased a used dump truck for $50,000 two years ago. The operating costs have been $5000 per month and revenues have averaged $7500 per month. The truck was just sold for $11,000. The rate of return is closest to: O 2.6% per year O 3.6% per month 15.6% per year 0 2.6% per month