A company buys a machine for $73,000 that has an expected life of 10 years and no salvage value. The company anticipates annual income of $3,500, with the cash flows to be received evenly throughout each year. What is the accounting rate of return? Multiple Choice 2.69%. 6.90%. 4.79%. 9.59%. 47.95%.

A company buys a machine for $73,000 that has an expected life of 10 years and no salvage value. The company anticipates annual income of $3,500, with the cash flows to be received evenly throughout each year. What is the accounting rate of return? Multiple Choice 269% 6.90n: 479% 9.59 4795%