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Joetz Corporation Has Gathered the Following Data on a Proposed

Question 55

Multiple Choice

Joetz Corporation has gathered the following data on a proposed investment project (Ignore income taxes.) : Joetz Corporation has gathered the following data on a proposed investment project (Ignore income taxes.) : The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment. The simple rate of return for the investment (rounded to the nearest tenth of a percent) is: A) 20.0% B) 13.3% C) 18.0% D) 10.0% The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment.
The simple rate of return for the investment (rounded to the nearest tenth of a percent) is:


A) 20.0%
B) 13.3%
C) 18.0%
D) 10.0%

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