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A company buys a machine for $76,000 that has an expected life of 6 years and no salvage value. The company anticipates a yearly after

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A company buys a machine for $76,000 that has an expected life of 6 years and no salvage value. The company anticipates a yearly after tax net income of $1,805 What is the accounting rate of return? A 9.50%. 6.65%. C) 2.85%. (E 42.75%. 29

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