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Current Attempt in Progress Marigold Company is considering buying equipment for $ 2 6 0 0 0 0 with a useful life of 5 years

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Current Attempt in Progress
Marigold Company is considering buying equipment for $260000 with a useful life of 5 years and an estimated salvage value of $10000. If annual expected income is $28000, the denominator in computing the annual rate of return is
$270000.
$260000.
$135000.
$130000.
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