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Barrel Corporation, which is subject to a 40% income tax rate, is considering a $432,000 asset that will result in the following over its 6-year
Barrel Corporation, which is subject to a 40% income tax rate, is considering a $432,000 asset that will result in the following over its 6-year life: Average revenue: Average operating expenses (excluding depreciation): Average depreciation: $932,000 $ 782,000 $ 82,000 The after-tax accounting rate of return on the initial investment is
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