Exercise 11-7 Accounting rate of return LO P2 A machine costs $300,000 and is expected to yield an after-tax net income of $9.000 each year, Management predicts this machine has a 11-year service life and a $60.000 solvage value, and it uses straight line depreciation Compute this mochine's accounting rate of return Choose Numerators Accounting Rate of Return Choose Denominator 1 4 Accounting Rate of Return Accounting rate of return