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Sheridan Trucking is considering purchasing a new truck. It is expected the truck will increase annual revenues by $ 3 7 5 7 3 and

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Sheridan Trucking is considering purchasing a new truck. It is expected the truck will increase annual revenues by $37573 and increase annual expenses by $26800 including depreciation. The truck will cost $117000 and will have a $2700 salvage value at the end of its useful life. Compute the annual rate of return.
18.9%
9.2%
18.0%
9.0%
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