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recheducation.com low/connecthtml Help Seven The management of Ro Corporation is investigating automating a process. Old equipment with a current salvage value of $15.000 would be replaced by a new chineThe new machine would be purchased for $400.000 and would have a 6 year useful life and no salvage value. By automating the process, the company would save $14000 per year in cash operating costs. The simple rate of return on the investment is dosest to gnore income taxes (Round your answer to 1 decimal place) Multiple Choice O 1868 1792 346% O *** O e 9