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(Ignore income taxes in this problem.) Friden Company has just purchased a new piece of equipment with the following characteristics Purchase cost of equipment. Annual
(Ignore income taxes in this problem.) Friden Company has just purchased a new piece of equipment with the following characteristics Purchase cost of equipment. Annual cost savings that will be provided by the equipment.... Life of the equipmen.. The simple rate of return would be approximately: $27.000 $6,000 10 years 12.2% 010% o 22.2%
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