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2 The following information was abstracted from Community Hospital's balance sheet. Community Hospital is purchasing a new ambulance. The ambulance will cost $150,000, which will

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The following information was abstracted from Community Hospital's balance sheet. Community Hospital is purchasing a new ambulance. The ambulance will cost $150,000, which will be depreciated at $30,000 per year for five years. Related cash inflows from reimbursements are projected to be $80,000 annually. The hospital expects to replace the vehice when it is fully deprechated. How much is the accounting rate of return on this investment? 20% 33% 60% 80%

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