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Tamarisk Company is considering buying equipment for $280000 with a useful life of 5 years and an estimated salvage value of $18000. If annual expected
Tamarisk Company is considering buying equipment for $280000 with a useful life of 5 years and an estimated salvage value of $18000. If annual expected income is $28000, the denominator in computing the annual rate of return is
$280000.
$149000.
$140000.
$298000.
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