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A company buys a machine for $65,000 that has an expected life of 4 years and no salvage value. The company anticipates a yearly net

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A company buys a machine for $65,000 that has an expected life of 4 years and no salvage value. The company anticipates a yearly net income of $3100 after taxes of 30%, with the cash flows to be received evenly throughout each year. What is the accounting rate of return? o 9.54%. ? 6.68%. ? 19.08%. o 47% ? 2.86%

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