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Check my work 9 Peng Company is considering buying a machine that will yield income of $2,800 and net cash flow of $16,400 per year
Check my work 9 Peng Company is considering buying a machine that will yield income of $2,800 and net cash flow of $16,400 per year for three years. The machine costs $49,200 and has an estimated $8,400 salvage value. Compute the accounting rate of return for this investment 10 points Accounting Rate of Return Denominator: Numerator: Accounting Rate of Return Accounting rate of return eBook Hint Print References
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