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A company is planning to purchase a machine that will cost $ 3 3 , 0 0 0 , will have a six - year
A company is planning to purchase a machine that will cost $ will have a sixyear life, and will have no salvage value. The company expects to sell the machine's output of units evenly throughout each year. A projected income statement for each year of the asset's life appears below. What is the accounting rate of return for this machine?
tableSales$
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