to.mheducation.com/ext/map/index.html?_con = con&external_browser=0&launchUrl=https253A$252F Saved Assume the following information for a capital budgeting proposal with a five-year time horizon Initial investment: Cost of equipment (zero salvage value) $ 460,090 Annual revenues and costs : Sales revenues 300, 000 Variable expenses $ 130,000 Depreciation expense $ 50,006 Fixed out-of-pocket costs $ 40, 000 This proposal's simple rate of return is closest to Multiple Choice O Prev 8 of 10 Next > Q Search/ezto.mheducation. com/ext/map/Index.html_ = con&lexternal_browser O SJaun Saved Multiple Choice O 28% O 17% O 20%. O 7%