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Check n B.33 points QS 26-7 (Algo) Accounting rate of return LO P2 Peng Company is considering buying a machine that will yield income
Check n B.33 points QS 26-7 (Algo) Accounting rate of return LO P2 Peng Company is considering buying a machine that will yield income of $2,600 and net cash flow of $15,800 per year for three years. The machine costs $51,000 and has an estimated $11,400 salvage value. Compute the accounting rate of return for this investment. 1 eBook Hint + Numerator: Accounting Rate of Return Denominator: II = Accounting Rate of Return Accounting rate of return
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