An expansion at fidell, inc., would increase sales revenues by $75,000 per year and cash operating expenses by $38,000 per year. the initial investment would be for equipment that would cost $135,000 and have a 5 year life with no salvage value. the annual depreciation on the equipment would be $27,000. the simple rate of return on the investment is closest to: a.20.0% b.13.3% c.7.4% d.27.4%

Lester's fried chick'n purchased its building 11 years ago at a cost of $189,000. the building is currently valued at $209,000. the firm has other fixed assets that cost $56,000 and are currently valued at $32,000. to date, the firm has recorded a total of $49,000 in depreciation on the various assets it currently owns. current liabilities are $36,600 and net working capital is $18,400. what is the total book value of the firm's assets? $251,000 $241,000 $232,600 $214,400 $379,000