Swift oil company is considering investing in a new oil well. it is expected that the oil well will increase annual revenues by $122,610 and will increase annual expenses by $72,000 including depreciation. the oil well will cost $471,000 and will have a $11,000 salvage value at the end of its 10-year useful life. calculate the annual rate of return. (round answer to 0 decimal places, e. g. 13%.)

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.