Uuuation.com/flow/connect.html Saved Help Save & Exit Submit Linwood is making an equipment change at his company. An old piece of equipment, with a salvage value of $60,000, is being replaced by new equipment. The new equipment costs $980,000 and would have a 10 year useful life and no salvage value. By! replacing the equipment, Linwood will save $164,000 per year in cash operating costs. The simple rate of return on this investment is Multiple Choice O 17.8% 0 O 7.2% 0 O 6.7% 0 16.7% 0