Question: Please solve in this excel format only. Do it if you are completely sure about it, otherwise i will downvote it. Thanks. G Ramon Corporation

Please solve in this excel format only. Do it if you

Please solve in this excel format only.

Do it if you are completely sure about it, otherwise i will downvote it.

Thanks.

G Ramon Corporation is considering purchasing a machine that would cost $320,430 and have a useful life of 5 years. The machine would reduce cash operating costs By S97,100 per year. The machine would have a salvage value of $107,260 at the end of the project, (ignore income taxes) Required: Compute the simple rate of return for the machine. (Round your intermediate calculations to nearest whole dollar and your final answer to 2 decimal places) (5 marks) 2 22 Simple rate of return 20

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