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manonvsb manonvsb
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9 months ago

Ducey Corporation is contemplating purchasing equipment that would increase sales revenues by $79,000 per year and cash operating expenses by $27,000 per year. The equipment would cost $150,000 and have a 6 year life with no salvage value. The annual depreciation would be $25,000. (Ignore income taxes.)

Required:

Determine the simple rate of return on the investment to the nearest tenth of a percent.

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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kady_kelsey2kady_kelsey2
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9 months ago
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manonvsb Author
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9 months ago
Good timing, thanks!
kater28
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Yesterday
Thanks for your help!!
Gorgio_De
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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