Moving to another question will save this response Question 34 of 35 Question 34 12.5 points The management at Nickel Corporation is investigating purchasing equipment that would increase wes revenues by $375,000 per year and cash operating expenses by $257,000 per year. The equipment would cost $300,000 and have a 10 year with no salvare Value Nickel Corporation uses Mine depreciation for fixed assets. The simple rate of return on the investment is closest to ignore income taxes A 40.33% OB 10:35 503 0240