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Exercise 24-7 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.

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Exercise 24-7 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 9-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 Numerator: Choose Denominator: Accounting Rate of Return Accounting rate of return = 0

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