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Jark Corporation has invested in a machine that cost $81,000, that has a useful life of ten years, and that has no salvage value at

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Jark Corporation has invested in a machine that cost $81,000, that has a useful life of ten years, and that has no salvage value at the end of its useful life. The machine is being depreciated by the straight-line method, based on its useful life. It will have a payback period of six years. Given these data, the simple rate of retum on the machine is closest to (lgnore income taxes): (Round your answer to 1 decimal place.) Multiple Chaice 267 675 3.14 4.2x

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