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Bartlett Car Wash Co . is considering the purchase of a new facility. It would allow Bartlett to increase its net income by $ 8
Bartlett Car Wash Co is considering the purchase of a new facility. It would allow Bartlett to increase its net income by $ per
year. Other information about this proposed project follows:
Assume straight line depreciation method is used.
Required:
Calculate the accounting rate of return for Bartlett. Round your percentage answer to decimal places.
Calculate the payback period for Bartlett. Round your answer to decimal places.
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