Swagelok Enterprises is a manufacturer of miniature fittings and valves. Over a 5-year period, the costs associated with one product line were as follows: first cost of $20,000, and annual costs of $20,000. Annual revenue was $30,000 and the used equipment was salvaged for $8,000. What rate of return did the company make on this product?
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Swagelok Enterprises is a manufacturer of miniature fittings and valves. Over a 5-year period, the c...
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