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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

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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 Useful life of the asset Annual operating proft, including depreciation Salvage value $20,000 10 years $ 4,000 $ 0 What is the returm on investment (RO) assuming User-Friendly (e) uses the straight-line method for depreciation and (b) beginning-of-year net b values to compute ROI 117% o 20.0% o 250% 22.2%

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