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Fast Food, Inc., has purchased a new donut maker. It cost $16,000 and has an estimated life of 10 years. The following annual

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The answer has been presented in the supporting sheet. For detailed answer refer to the supporting sheet. For detailed answer refer to the supporting sheet.

Answer The correct answer is 27.50% Calculation Simple rate of return = Net income / investment 100 = 4400/16000*100 = 27.5 %

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