Ask Question
23 June, 13:00

Wombles corporation is contemplating purchasing equipment that would increase sales revenues by $478,000 per year and cash operating expenses by $249,000 per year. the equipment would cost $738,000 and have a 9 year life with no salvage value. the annual depreciation would be $82,000. the simple rate of return on the investment is closest to:

+4
Answers (1)
  1. 23 June, 13:06
    0
    The simple rate of return on the investment is closest

    19.9%
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Wombles corporation is contemplating purchasing equipment that would increase sales revenues by $478,000 per year and cash operating ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers