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Nguyen Company has an opportunity to purchase an asset that will cost the company $46,000. The asset is expected to add $22.000 per year to

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Nguyen Company has an opportunity to purchase an asset that will cost the company $46,000. The asset is expected to add $22.000 per year to the company's net income. Assuming the asset has a five year useful life and zero salvage value, the unadjusted rate of return based on the average investment will be: Multiple Choice 48% 95,65% 14% None of these answers are correct

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