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Business, 13.08.2021 01:00 missbecca1229p6glel

Colaw Company is considering buying equipment for $240,000 with a useful life of five years and an estimated salvage value of $12,000. If annual expected income is $21,000, the denominator in computing the annual rate of return is: A. $240,000.
B. $120,000.
C. $126,000.
D. $252,000.

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