Swagelok Enterprises is a manufacturer of miniature fittings and valves. Over a 5-year
period, the costs associated with a

Swagelok Enterprises is a manufacturer of miniature fittings and valves. Over a 5-year
period, the costs associated with a product line were as follows: First cost of $30,000
and Annual costs of $18,000. Annual revenue was $27,000, and the used equipment
was salvaged for $4000. What rate of return did the company make on this product?

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