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How do I solve this??? Suppose Francine Dunkleberg's Sweets is considering investing in warehouse management software that costs $500,000, has $70,000 residual value, and should
How do I solve this???
Suppose Francine Dunkleberg's Sweets is considering investing in warehouse management software that costs $500,000, has $70,000 residual value, and should lead to cost savings of $125,000 per year for its five-year life. In calculating the ROR, which of the following figures should be used as the equation's denominator (average amount invested in the asset)?
a) $570,000
b) $215,000
c) $285000
d)$250000
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