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Debbie Corporation invested $80,000 in a manufacturing equipment. The salvage value of the asset after 20 years useful life is expected to be $20,000. The
Debbie Corporation invested $80,000 in a manufacturing equipment. The salvage value of the asset after 20 years useful life is expected to be $20,000. The company is expected to make $14,000 per year in revenue. Using the original cost (not average), the unadjusted rate of return on the investment will be
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