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Belmont Corp is considering the purchase Belmont Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would

Belmont Corp is considering the purchase
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Belmont Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net income after tax of $200,000. The equipment will have an initial cost of $1000,000 and have an 8-year fe. If there is no salvage value of the equipment, what is the accounting rate of return? O 20% O 15% O 40% 12.5% 2020 MEGHIERARH reserved

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