Exercise 11-7 Accounting rate of return LO P2

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 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