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Sophie [7]
3 years ago
10

The management of duker corporation is investigating purchasing equipment that would increase sales revenues by $130,000 per yea

r and cash operating expenses by $39,000 per year. the equipment would cost $328,000 and have an 8 year life with no salvage value. the simple rate of return on the investment is closest to:
Business
1 answer:
Mekhanik [1.2K]3 years ago
6 0
The simple rate of return on the investment is closest to

15.2%
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