Denny Corporation is considering replacing a technologically obsolete machine with a new state-of-the-art numerically controlled machine. The new machine would cost $180,000 and would have a twelve-year useful life. Unfortunately, the new machine would have no salvage value. The new machine would cost $26,000 per year to operate and maintain, but would save $58,000 per year in labor and other costs. The old machine can be sold now for scrap for $18,000. The simple rate of return on the new machine is closest to (Ignore income taxes.):
A. 9.44%
B. 10.49%
C. 20.99%
D. 32.22%
Answer: B
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What will be an ideal response?
In the new project management professionalism model:
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If you are driving an older car, it may be worthwhile for you to
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With respect to parol evidence and the UCC:
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