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Delta Company is considering an investment. The following data relate to the investment: Initial cost Annual net cash inflows Expected life Salvage value $100,000 $25,000

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Delta Company is considering an investment. The following data relate to the investment: Initial cost Annual net cash inflows Expected life Salvage value $100,000 $25,000 10 years none Depreciation will be charged on a straight-line basis over the expected life of the investment. What is the accounting rate of return for the investment? 25.0% 15.0% 50.0% 2.5%

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