B Assume the following information for a capital budgeting proposal with a five-year time horizon: Initial investment: Cost of equipment (zero salvage value) $ 485,000 $ 300,000 Annual revenues and costs: Sales revenues Variable expenses Depreciation expense Fixed out-of-pocket costs This proposal's simple rate of return is closest to: $ 130,000 $ 50,000 $ 40,000 Multiple Choice 27%. 16% 19% 11%