B 01:09:18 pped A project requires a $832,000 initial investment for equipment. The equipment is estimated to have an eight-year life and a salvage value of $72,000. The project is expected to generate income of $67.800 per year and net cash flows of $162,800 per year for the next eight years. What is the project's accounting rate of return? Numerator: Accounting Rate of Return Denominator: Accounting Rate of Return Accounting rate of returni 9:00 Numerator: d Accounts receivable Annual income Average investment Average total assets Cost of goods sold / Accounting F Dena 01:08:45 Numerator: ipped Current assets Current liabilities Depreciation Initial investment Net cash flows Accounting Rate Denomin Skipped Initial investment Net cash flows Net sales Salvage value Total assets