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Jason Corporation has Invested In a machine that cost $58,000, that has a useful life of five years, and that has no salvage value at
Jason Corporation has Invested In a machine that cost $58,000, that has a useful life of five years, and that has no salvage value at the end of Its useful life. The machine is being depreclated by the straight-line method, based on Its useful life. It will have a payback period of four years Glven these data, the slmple rate of return on the machine is closest to: (Ignore Income taxes in this problem.) (Round your answer to 1 decimal place) o 1.4% 0 2.5% o 5.0% o 45.0% MacBook Air F3 3 4 5 sic 6
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