24 Assignment (20 points) 3 Required information Part 2 of 2 [The following information applies to the questions displayed below.) 1.54 point Project A requires a $280,000 initial investment for new machinery with a five-year life and a salvage value of $30,000. The company uses straight-line depreciation. Project A is expected to yield annual net income of $20,000 per year for the next five years. Compute Project A's accounting rate of return. Accounting Rate of Retur Print Choose Numerator: Annual after-tax net income Choose Denominator Annual average investment Accounting Rate of Return Accounting rate of return 0 References Help Save & Exit Check