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3 Flint Systems is considering investing in production-management software that costs $630,000, has $67,000 residual value, and leads to cost savings of $1, 650,000 per

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Flint Systems is considering investing in production-management software that costs $630,000, has $67,000 residual value, and leads to cost savings of $1, 650,000 per year over its five-year life. Calculate the average amount invested In the asset that should be used for calculating the accounting rate of return. A. $697,000 B. $67,000 C. $630,000 D. $348, 500

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