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display all answers and calculations used to arrive at the answers for this problem. You're trying to determine whether or not to expand your business

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display all answers and calculations used to arrive at the answers for this problem.

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You're trying to determine whether or not to expand your business by building a new manufacturing plant The plant has an installation cost of $18.2 million, which will he depreciated straightline to zero over its four-year life. If the plant has projected net income of 351395000, $2,135,000, $2,014,000, and $1,316,000 over these four years, what is the project's average accounting return [AAR]? {Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.} mmmm [ '16

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