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16 A company buys a machine for $60.000 that has an expected life of 9 years and no salvage value. The company uses straight-line depreciation.

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16 A company buys a machine for $60.000 that has an expected life of 9 years and no salvage value. The company uses straight-line depreciation. The company anticipates a yearly net income of $2.850 after taxes of 30%, with the cash flows to be received evenly throughout each year. What is the accounting rate of return? 3.5 poing Multiple Choice Door O 285% Retences 0 475% 6,65% 42.75% 0950

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