1. 9.3 Average accounting return You are looking at a three-year project with a projected profit for...
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1. 9.3 Average accounting return You are looking at a three-year project with a projected profit for the year of $2 000 in Year 1, $4 000 in Year 2 and $6 000 in Year 3. The cost is $12 000, which will be depreciated straight-line to zero over the three-year life of the project. What is the average accounting return (AAR)?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781743768051
8th Edition
Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan
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