please explain in detail manual explanation is desperately needed that I can learn the concept...

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Accounting

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please explain in detail manual explanation is desperately needed that I can learn the concept

7-8 Your company has been presented with an opportunity to invest in a project. The facts on the project are presented below: Investment required $60,000,000 Annual Gross income 20,000,000 Annual Operating costs Labor 2,500,000 Materials, licenses, insurance, etc. 1,000,000 Fuel and other costs 1,500,000 Maintenance costs 500,000 Salvage value after 10 years 0 The project is expected to operate as shown for ten years. If your management expects to make 25% on its investments before taxes, would you recommend this project

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