An example of capital is?

In order to minimize project risk which step comes after the step of identifying risks

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket

Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%