Question: a) 33.3% b) 41.2% c) 17.6% d)57.1% The following data pertain to an investment proposal made to Simple Corporation: Cost of equipment needed for the

a) 33.3%
b) 41.2%
c) 17.6%
d)57.1%

The following data pertain to an investment proposal made to Simple Corporation: Cost of equipment needed for the $ 34,000 investment Annual cash cost savings $ 14,000 Annual depreciation on the equipment $ 8,000 The simple rate of return of the proposed investment is closest to
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