Business
Business, 24.06.2019 20:30, oylermorgan7687

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%

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