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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 year.
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 year. Management predicts this machine has a 11-year service life and a $100,000 salvage value, and it uses straight-line depreciation. Compute this machine's accounting rate of return Accounting Rate of Return Choose Denominator Choose Numerator: - Accounting Rate of Return Accounting rate of retum
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