Business, 21.12.2019 02:31 yesman1288

The management of ro corporation is investigating automating a process. old equipment, with a current salvage value of $11,000, would be replaced by a new machine. the new machine would be purchased for $243,000 and would have a 9 year useful life and no salvage value. by automating the process, the company would save $69,000 per year in cash operating costs. the simple rate of return on the investment is closest to (ignore income taxes.): multiple choice a. 18.1% b. 11.1% c. 28.4% d. 17.3%

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The management of ro corporation is investigating automating a process. old equipment, with a curren...

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