The expected average rate of return for a proposed investment of $718,000 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $160,800 for the 4 years is (round to two decimal places) a. 0.45% b. 5.60% c. 0.22% d. 11.20% The markup percentage on total cost for Magpie's product is a. 28.5% b. 21.8% c. 16.7% d. 13.4%