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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 return Prey 1 of 1 !! Next >
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