Business
Business, 04.05.2021 04:20, slawson4328

(Ignore income taxes in this problem.) 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 (AARR) on the investment is closest to:

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(Ignore income taxes in this problem.) An expansion at Fidell, Inc., would increase sales revenues b...

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