posted by .

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.)


  • economics -

    haha lol

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Economics

    Hi, Could you please help me with the following question?
  2. economics

    I tried answering b, but stuck with a. Can someone please take a look at this and help me out?
  3. Economics

    Jim signed a new deal for $10 million with the Toronto maple leafs. THe terms of the contract were 1 million immediately and 800,000 per year for the next 5 years (first payment after 1 year) and $1 million per year for the next 5 …
  4. Microeconomics

    Bob and Jane decide to open their own business selling ergonomically correct office furniture that Jane has designed. Assume they operate this business from leased office space near their home. Also assume that they lease their computer …
  5. Economics

    In a one-shot game, if your rival advertises and you advertise, he will earn $7 million and you will earn $2 million in profits. If neither of you advertise, you will make $4 million and he will make $2 million. If you advertise and …
  6. information systems security

    richman is considering buying insurance for each smartphone.use the ALE to detrmine the usefulness of this safeguard.for example,they can purchase insurance for each device for $25.00 per year.The safeguard value is $25x 1,000 devices, …
  7. accounting

    In addition, assume that Anheuser-Busch InBev sold 200 million barrels of beer during the year. Assume that variable costs were 75% of the cost of goods sold and 40% of selling, general and administration expenses. Assume that the …
  8. Finance

    Rock Company acquired land 8 years ago for 2.2 million. Today it is valued at 5.8 million. Rock plans to build a new factory on the site which is estimated to cost 21.5 million plus addition building site preparation costs of 3.2 million. …
  9. Finance

    Assume personal income was $28 million last year. Personal outlays were $20 million and personal current taxes were $5 million. a. What was the amount of disposable personal income last year?
  10. math

    please check my answers below and correct me if i am wrong please 1. At Lexi Corp., sales revenue is $20 million, the cost of goods sold is $14 million, operating expenses are $3 million, and income taxes are $1 million. What is the …

More Similar Questions