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Management Studies

The Jackson Company has invested in machine which cost $70000, which has useful life of seven years, and that has no salvage value at an end of its useful life. The machine is being depreciated by using the straight line value technique, based on its useful life. It has the payback period of 4 years. What is the simple rate of return on machine?

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Project Management, Management Studies

Category:- Project Management
Reference No.:- M915097

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