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The following information was presented by User-Friendly Industries Company for an asset purchased at the beginning of the previous year. Original cost of the asset

The following information was presented by User-Friendly Industries Company for an asset purchased at the beginning of the previous year. Original cost of the asset Useful life of the asset $26,000 10 years Annual operating profit, including depreciation Salvage value $ 6,400 $ -0- What is the return on investment (ROI) assuming User-Friendly uses (a) the straight-line method for depreciation and (b) beginning-of-year net book values to compute ROI? Multiple Choice O 11.1%. 24.6%. 27.4% 32.7%

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