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minaebied minaebied
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9 months ago

Denny Corporation is considering replacing a technologically obsolete machine with a new state-of-the-art numerically controlled machine. The new machine would cost $210,000 and would have a ten-year useful life. Unfortunately, the new machine would have no salvage value. The new machine would cost $32,000 per year to operate and maintain, but would save $65,000 per year in labor and other costs. The old machine can be sold now for scrap for $21,000. The simple rate of return on the new machine is closest to (Ignore income taxes.):



▸ 5.71%

▸ 30.95%

▸ 12.70%

▸ 6.35%
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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IgnesiasIgnesias
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9 months ago
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minaebied Author
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9 months ago
Thanks for your help!!
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Yesterday
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