- / 10 III Current Attempt in Progress Ayayai Company is considering investing in a new...

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- / 10 III Current Attempt in Progress Ayayai Company is considering investing in a new facility to extract and produce salt. The facility will increase revenues by $245,300, but it will also increase annual expenses by $185,678. The facility will cost $1,003,000 to build, and it will have a $43,000 salvage value at the end of its useful life. Calculate the annual rate of return on this facility. (Round answer to 2 decimal places, e.g. 52.75.) Question 14 of 15 > View Policies Annual rate of return % do - / 10 III Current Attempt in Progress Ayayai Company is considering investing in a new facility to extract and produce salt. The facility will increase revenues by $245,300, but it will also increase annual expenses by $185,678. The facility will cost $1,003,000 to build, and it will have a $43,000 salvage value at the end of its useful life. Calculate the annual rate of return on this facility. (Round answer to 2 decimal places, e.g. 52.75.) Question 14 of 15 > View Policies Annual rate of return % do