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2.00 points M11-4 Calculating Accounting Rate of Return, Payback Period [LO 11-1, 11-2] Blue Marlin Company is considering the purchase of new equipment for its
2.00 points M11-4 Calculating Accounting Rate of Return, Payback Period [LO 11-1, 11-2] Blue Marlin Company is considering the purchase of new equipment for its factory. It will cost $259,000 and have a $51,800 salvage value in five years. The annual net income from the equipment is expected to he $26,49D, and depreciation is $41,440 per year Calculate Blue Marin's annual rate of return and paybeck period for the equipment. (Do not round intermediate calculations. Round your Payback Period to 2 decimal places.) Ammual Rate of Return Payhack Period Ynars
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