Wayne Company is considering a long-term investment project called ZIP ZIP will require an investment of $122.000. It will have a useful life of 4 years and no salvage value. Annual revenues would increase by $79,450, and annual expenses (excluding depreciation) would increase by $39,800. Wayne uses the straight-line method to compute depreciation expense The company's required rate of return is 1296 Compute the annual rate of return Annual rate of return 96 Determine whether the project is acceptable? the project eTextbook and Media Save for later Attempts: 0 of 1 used Submit