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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

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?

2.85%.4.75%.6.65%.9.50%.42.75%.

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