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Cheyenne Company is considering buying equioment for $340000 with a useful Ife of 5 years and an estimated salvage value of $14000. If annual expected

Cheyenne Company is considering buying equioment for $340000 with a useful Ife of 5 years and an estimated salvage value of $14000. If annual expected income is $28000, the denominator in computing the anual rate of return is $170000. O $177000. O $340000. $354000

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