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9 Peng Company is considering buying a machine that will yield income of $2,700 and net cash flow of $16,300 per year for three years.
9 Peng Company is considering buying a machine that will yield income of $2,700 and net cash flow of $16,300 per year for three years. The machine costs $50,100 and has an estimated $9,300 salvage value. Compute the accounting rate of return for this investment. 10 points Accounting Rate of Return Numerator: Denominator: P Skipped Accounting Rate of Return Accounting rate of return = 0 eBook Hint 6 nu
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