Oriental Corporation has gathered the following data on a proposed investment project: 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 on the investment would be:
A) 10%
B) 35%
C) 15%
D) 25%

Question

Oriental Corporation has gathered the following data on a proposed investment project:  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 on the investment would be:
A) 10% 
B) 35% 
C) 15% 
D) 25%

Quizplus · Accepted Answer

The Answer of Oriental Corporation has gathered the following data on a proposed investment project:  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 on the investment would be:
A) 10% 
B) 35% 
C) 15% 
D) 25%

Oriental Corporation Has Gathered the Following Data on a Proposed