Ccorporation is investigating automating a process by purchasing a machine for $810,000 that would have a 9 year useful life and no salvage value. by automating the process, the company would save $142,000 per year in cash operating costs. the new machine would replace some old equipment that would be sold for scrap now, yielding $23,000. the annual depreciation on the new machine would be $90,000. the simple rate of return on the investment is closest to (ignore income taxes.):

6.61%

Explanation:

Given that,

Cash savings of the company = $142,000;

Depreciation on the new machine = $90,000

Net Income = Cash savings of the company -  Depreciation on the new machine

                    = $142,000 - $90,000

                     = $52,000

Old machine that is  sold for scrap with a value = $23,000

New equipment purchased = $810,000;

Net Cash Flows in Year 0:

= New equipment purchased -  Value of Old machine that is  sold for scrap

= $810,000 - $23,000

= $787,000

Simple rate of return on Investment:

= Net Income ÷ Net Cash flows on Investment

= $52,000 ÷ $787,000

= 6.60736

= 6.61%

idk the answer so dont listen to me but 23

there's 11 people for the 1st position. then, no matter who gets it, there's only 10 left for the second, and then 9 left for the third. 11 x 10 x 9 = 990.   the answer is there are 990 different ways the positions can be filled by these applicants