Dougs Conveyor Systems, Inc., is considering two investment proposals (1 and 2). Data for the two proposals

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Doug€™s Conveyor Systems, Inc., is considering two investment proposals (1 and 2). Data for the two proposals are presented here:

Calculate the return on average investment for bothproposals.

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Financial and Managerial Accounting the basis for business decisions

ISBN: 978-0078111044

16th edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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Question Posted: Apr 17, 2014 10:12 AM

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Dougs Conveyor Systems, Inc., is considering two investment proposals (1 and 2). Data for the two proposals

Question:

Cost of investment Estimated salvage value Average estimated net income $98,000 $98,500 12,000 6,500 13,000 10,500

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Proposal 1 Average investment Original cost salvage value 2 98...View the full answer

Financial and Managerial Accounting the basis for business decisions

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