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Bryson's Pharmacy has purchased a small auto for delivery of prescriptions. The auto cost $ 2 8 , 0 0 0 and will be usable

Bryson's Pharmacy has purchased a small auto for delivery of prescriptions. The auto cost $28,000 and will be usable for seven years. Delivery of prescriptions (which the pharmacy has never done before) should increase revenues by at least $25,000 per year. The cost of these prescriptions will be about $18,000 per year. The pharmacy depreciates all assets by the straight-line method.
Compute the accounting rate of return for the new auto. (Round your answer to the nearest percent)
Group of answer choices
7%
13%
11%
9%

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