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Business, 25.11.2019 20:31 Hellboy467

Knowledge check 01 addison corporation is considering the purchase of equipment that would increase sales revenues by $250,000 per year and cash operating expenses by $100,000 per year. the equipment would cost $400,000 and have a 5-year life with no salvage value. the simple rate of return on the investment is closest to
a. 17.5%
b. 20.0%
c. 25.5%
d. 35.0%

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