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Testion 19 Question 1803 Sigma Company is considering a new investment that costs $400,000, has an 8 year life and no salvage value. Below is

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Testion 19 Question 1803 Sigma Company is considering a new investment that costs $400,000, has an 8 year life and no salvage value. Below is an income statement related to the investment's 5 points estimated annual revenues and expenses. Sales $556,000 Variable Expenses 330.000 Contribution Margin $226,000 Fixed Expenses Out of pocket cash expenses $ 86,000 Depreciation 50.000 136.000 $ 90,000 Net operating income The simple rate of return for this investment is closest to: 35.00% 16.18% 22.50% OOO 10.00% On / 20 Moving to another question will save this response. MacBool

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