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A mini-mart needs a new freezer and the initial Investment will cost $280,000. Incremental revenues, including cost savings, are $182,400, and incremental expenses, including depreciation,

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A mini-mart needs a new freezer and the initial Investment will cost $280,000. Incremental revenues, including cost savings, are $182,400, and incremental expenses, including depreciation, are $118,000. There is no salvage value. What is the accounting rate of return (ARR)? 26 X %

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