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Sigra Company is considering a new investment that costs $700,000, has a 10 year life and no salvage value. Below is an income statement related

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Sigra Company is considering a new investment that costs $700,000, has a 10 year life and no salvage value. Below is an income statement related to the investment's estimated annual revenues and experises Sales $515,000 Variable penses 230.000 Contribution Margin 5285.000 Fored Expenses Out of pocket cash expenses $125,000 Depreciation 70.000 195.000 Net operating income $90,000 The simple rate of return for this investment is t's closest to Moving to another gun will

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