Assume that a company is considering purchasing a new piece of equipment for $240,000 that would have a useful life of 10 years and no salvage value. The new equipment would cost $20,000 per year to operate and it would replace an old piece of equipment that costs $53,500 per year to operate. The old equipment currently being used could be sold for a salvage value of $40,000. The simple rate of return for the new equipment is closest to: Multiple Choice 12.00% 20.00% 7,48% 4.75% Assume a company has four divisions. Division A has sales, variable expenses, and traceable fixed expenses of $200,000, $104,000, and $30,000, respectively. If the company as a whole has common fixed expenses of $50,000, then Division As dotter sales to break even is closest to: Multiple Choice $125,000 $62.500 $137,500 5177500