Assume the following information for a capital budgeting proposal with a five-year time horizon: $...
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Accounting
Assume the following information for a capital budgeting proposal with a five-year time horizon: $ 554,000 Initial investment: Cost of equipment (zero salvage value) Annual revenues and costs: Sales revenues Variable expenses Depreciation expense Fixed out-of-pocket costs $ 300,000 $ 130,000 $ 50,000 $ 40,000 This proposal's simple rate of return is closest to
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