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Auto Detollers is buying some new equipment at a cost of $188,900. This equpment will be depreciated on a straight-fine basis to a tero book

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Auto Detollers is buying some new equipment at a cost of $188,900. This equpment will be depreciated on a straight-fine basis to a tero book value its eight-year life. The equipment is expected to generate net income af $11,000 a year for the first four years and 524,000 a yeor for the lost four years. What is the average accounting rate of return? Multigle Choice 1776 pereert 18. 53 percent 18.00 percent 15. 4 E purcent 22.68 pricent

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