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Business, 20.07.2019 12:00 anthonymw

An expansion at fey, inc., would increase sales revenues by $150,000 per year and cash operating expenses by $47,000 per year. the initial investment would be for equipment that would cost $328,000 and have an 8 year life with no salvage value. the annual depreciation on the equipment would be $41,000. the simple rate of return on the investment is closest to:

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