Joetz Corporation has gathered the following data on a proposed investment project (lgnore income taxes-k. The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the inital investment The simple rate of return for the investment (rounded to the nearest tenth of a percent) is: Multiple Choice 1798 Joetz Corporation has gathered the following data on a proposed investment project (lgnore income taxes-k. The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the inital investment The simple rate of return for the investment (rounded to the nearest tenth of a percent) is: Multiple Choice 1798