Barron Chemical uses a thermoplastic polymer to enhance the appearance of certain RV panels. The initial cost of one pro
Posted: Sun Jul 03, 2022 3:43 pm
Barron Chemical uses a thermoplastic polymer to enhance theappearance of certain RV panels. The initial cost of one processwas $130,000 with annual costs of $49,000 and revenues of $78,000in year 1, increasing by $1000 per year. A salvage value of $23,000was realized when the process was discontinued after 8 years. Whatrate of return did the company make on the process?