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A company buys a machine for $66,000 that has an expected life of 10 years and no salvage value. The company anticipates a yearly net

A company buys a machine for $66,000 that has an expected life of 10 years and no salvage value. The company anticipates a yearly net income of $3150 after taxes of 32%, with the cash flows to be received evenly throughout each year. What is the accounting rate of return? 477% 4773% 6.49%. 0 3,06% ? 9.55%. to

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