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Exercise 11-7 Accounting rate of return LO P2 A machine costs $500,000 and is expected to yield an after tax net income of $19,000 each
Exercise 11-7 Accounting rate of return LO P2 A machine costs $500,000 and is expected to yield an after tax net income of $19,000 each yeat. Management predicts this machine has a 8-year service life and a $100,000 salvage value, and it uses straight-line depreciation. Compute this of return Accounting Rate of Return Choose Numerator Choose Denominator:Accounting Rate of Return Accounting rate of return
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