x External Content - Main Vie x o Mail - Hogge, Suzette - Out X | Topic: Week 12 X Illll W12 Quiz: Chapter 12 X Question 8 - W12 Quiz: Cha X Mosiah 14 X + V X C A https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmh... Q Update M Gmail BYU-Idaho Guest | BYU-Idaho's... VMock Dashboard VitalSource Booksh... I-Learn willin Class VoiceThread:.. will W05 Quiz: Introduc... Q ACCT 1B Flashcards... hapter 12 i Saved Help Save & Exit Su The management of Ro Corporation is investigating automating a process. Old equipment, with a current salvage value of $24,000, would be replaced by a new machine. The new machine would be purchased for $468,000 and would have a 6 year useful life and no salvage value. By automating the process, the company would save $161,000 per year in cash operating costs. The simple rate of return on the investment is closest to (Ignore income taxes.): (Round your answer to 1 decimal place.) Multiple Choice O 18.7% O 34.4% O 17.7% O 16.7% 43OF KO ENG 4:54 PM C Mostly sunny Search 11/28/2022