(Ignore income taxes in this problem.) Chee Corporation has gathered the following data on a proposed investment project:

The company uses straight-line depreciation. Assume cash flows occur uniformly throughout a year except for the initial investment.
-The simple rate of return on the investment is closest to:

Question

(Ignore income taxes in this problem.) Chee Corporation has gathered the following data on a proposed investment project:

The company uses straight-line depreciation. Assume cash flows occur uniformly throughout a year except for the initial investment.
-The simple rate of return on the investment is closest to:

Quizplus · Accepted Answer

The Answer of (Ignore income taxes in this problem.) Chee Corporation has gathered the following data on a proposed investment project:

The company uses straight-line depreciation. Assume cash flows occur uniformly throughout a year except for the initial investment.
-The simple rate of return on the investment is closest to:

(Ignore Income Taxes in This Problem