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A factory construction project would cost $18 million and this value would depreciate linearly to reach a value of 0 after 4 years. This factory

A factory construction project would cost $18 million and this value would depreciate linearly to reach a value of 0 after 4 years. This factory would generate profits of $1,632,000, $2,106,500, $1,941,700 and $1,298,000 over the next 4 years. What is the average accounting rate of return? Question 21 options: 18.38% 19.38% 20.38% No correct

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