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Business, 06.07.2021 22:10 juliannasl

The management of XYZ Corporation is investigating purchasing equipment that would increase sales revenues by $269,000 per year and cash operating expenses by $156,000 per year. The equipment would cost $294,000 and have a 6-year life with no salvage value. The simple rate of return on the investment is closest to (Ignore income taxes.): Group of answer choices

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