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t.html s here on the Help Save& 7 Part 2 of 2 Exercise 13-8 Payback...

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t.html s here on the Help Save& 7 Part 2 of 2 Exercise 13-8 Payback Period and Simple Rate of Return [LO13-1, L013-6) [The following information applies to the questions displayed below] 1.66 points idering the purchase of new electronic games to place in its amusement houses. The games would cost a total of $432,000, have a fifteen-year useful life, and have a total salvage value of $43,200. The company estimates that annual revenues and expenses associated with the games would be as follows: $230,000 Commissions to amusement houses Ins $70,000 56,000 25,920 50,000201,920 Print ation Net operating income s 28,080 Exercise 13-8 Part 2 2a. Compute the simple rate of return promised by the games.

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