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1. 2. Required information The following information applies to the questions displayed below. Peng Company is considering an investment expected to generate an average net

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Required information The following information applies to the questions displayed below. Peng Company is considering an investment expected to generate an average net income after taxes of $2,100 for three years. The investment costs $51,900 and has an estimated $6,600 salvage value Compute the accounting rate of return for this investment; assume the company uses straight-line depreciation. Accounting Rate of Return Choose Numerator: Choose Denominator:Accounting Rate of Return Accounting rate of return

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