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Monty Company is considering buying equipment for $223000 with a useful life of five years and an estimated salvage value of $11000. If annual expected

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Monty Company is considering buying equipment for $223000 with a useful life of five years and an estimated salvage value of $11000. If annual expected income is $22400, the denominator in computing the annual rate of retum is $117000$234000$111500$223000

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