The equipment would cost 430000 and have a 5 year life with, Ask an Expert

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The management of Wiersema Corporation is investigating purchasing equipment that would increase sales revenues by $257,000 per year and cash operating expenses by $103,000 per year. The equipment would cost $430,000 and have a 5 year life with no salvage value. what is the simple rate of return on the investment ?

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Accounting Basics, Accounting

Category:- Accounting Basics
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