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A company is evaluating an investment. The company uses the straight-line method of depreciation. Use the following information to compute the accounting rate of return

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A company is evaluating an investment. The company uses the straight-line method of depreciation. Use the following information to compute the accounting rate of return %. Round to one decimal place. Project Investment AED 875,000 Residual value 0 Operating income: Year 1 120,000 Year 2 120,000 Year 3 120,000 Year 4 120,000 Year 5 120,000

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