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10. Southern Company is adding a new product line that will require an investment of $1,550,000 it will have a 10 year useful life with
10. Southern Company is adding a new product line that will require an investment of $1,550,000 it will have a 10 year useful life with no residual value and will generate the annual cash flows of $200,000. The company uses the straight line depreciation method. What is the company's accounting rate of return ARR? (worth 5 points)
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