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15.The expected average rate of return for a proposed investment of $474,000 in a fixed asset with a useful life of 4 years, straight-line depreciation,
15.The expected average rate of return for a proposed investment of $474,000 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total net income of $296,000 for the 4 years is (round to two decimal points)
a.1.25%
b.15.61%
c.31.22%
d.0.62%
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