This is my third attempt at posting this. I have yet to get the correct help. I

Question

This is my third attempt at posting this. I have yet to get the correct help. I am having trouble with this problem. I have included the reference tables that we are required to use. I will also include notes from the book. There may be many ways to figure out the answers but the book requires us to use their methods. Two tutors have tried to help me prior but they were unsuccessful. I am using the textbook: Kimmel, Accounting: Tools for Decision Making, 5e. This is a problem from Chapter 24 Planning Capital Investments. It is E24-7. Please note the text in red. The question is asking for the INTERNAL RATE OF RETURN for the three projects.

QUESTION:

NOTES:

Explanation / Answer

Exercise 24 -7 - Looking into the question it seems that Internal rate of return is negative . As total cash inflow over the life of the project is lower then total investment in case of all the project . IRR will be negative in case of all the three projects. For example IRR for Project 22A will be - 67 %. Pls do comment if the question has suffcient details to answer. If you feel the IRR for project 22A is correct do let me know will share the entrire details

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.