Business
Business, 29.05.2020 04:58, awkwardness92

(Ignore income taxes in this problem.) Duker Corporation is investigating the purchase of equipment that would increase sales revenues by $130,000 per year and cash operating expenses by $39,000 per year. The equipment would cost $328,000 and have an 8 year life with no salvage value. The company uses straight-line depreciation on all equipment. The simple rate of return on the investment is closest to:

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(Ignore income taxes in this problem.) Duker Corporation is investigating the purchase of equipment...

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