Assume that a company is considering buying a new piece of equipment for $$240,000$ that would have a useful life of five years and no salvage value. The equipment would generate the following estimat$$d annual revenues and expenses:

Revenues

$$112,400$

Less operating expenses:

$\backslash$table$[[$Commissions$,$$$15,000,],[$Insurance$,5,000,],[$Depreciation$,48,000,],[$Maintenance$,30,000,98,000],[$Neperating income,,$$14,400$

multiple choice:

$11\%$

$7\%$

$13\%$

$9\%$