Homework Help: economics

Posted by Roo Kun on Sunday, January 30, 2011 at 8:11pm.

Trucking giant Yellow Corp agreed to purchase rival Roadway for $ 133.67 million in order to reduce so-called back-office costs (e.g., payroll and insurance) by $22.65 million per year. If the savings were realized as planned, what would be the annual rate of return on the investment? (Please state your answer using decimals, that is, if i=5.3%, the answer will be 0.053. Accuracy is set at the third decimal for this question.)

PLEASE HELP ME I HAVE TO SUBMIT THIS QUESTION IN 1 HOUR

economics - Rohan, Sunday, January 30, 2011 at 8:16pm
haha lol

Answer this Question

Related Questions

Economics - In a one-shot game, if your rival advertises and you advertise, he ...
economics - I tried answering b, but stuck with a. Can someone please take a ...
economics - (Insurance) Let X = R+. Consider a house owner whose house has a ...
Economics - Hi, Could you please help me with the following question? Bob and ...
11th grade - The arch of a bridge is a semi ellipse, the span is thirty feet and...
Economics - When Burton Cummings graduated with honors from the Canadian ...
Economics - When Burton Cummings graduated with honors from the Canadian ...
Algebra - The costs of doing business for a company can be found by adding fixed...
algebra - the costs of doing business for a company can be found by adding fixed...
algebra - The costs of doing business for a company can be found by adding fixed...

For Further Reading

First Name:
School Subject:
Answer: