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Salt Company is considering investing in a new facility to extract and produce salt. The...

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Accounting

Salt Company is considering investing in a new facility to extract and produce salt. The facility will increase revenues by $220,000, but it will also increase annual expenses by $160,000. The facility will cost $980,000 to build, and it will have a $20,000 salvage value at the end of its useful life.

calcuate rate of return %

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