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Calculator Average Rate of Return-Cost Savings icators Inc. is considering an investment in equipment that will replace direct labor. The equipment has a cost of
Calculator Average Rate of Return-Cost Savings icators Inc. is considering an investment in equipment that will replace direct labor. The equipment has a cost of $140,000 with a $12,000 residual value and a ten-year life. The equipment will replace one employee who has an average wage of $30,980 per year. In addition, the equipment will have operating and energy costs of $6,780 per year Determine the average rate of return on the equipment, giving effect to straight-line depredation on the investment. If required, round to the nearest whole 2 more Chneck My Work uses remaining @ de 425.2019 8 6 5
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