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Exercise 26-7 Accounting rate of return LO P2 A machine costs $700,000 and is expected to yield an after-tax net income of $30,000 each year,

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Exercise 26-7 Accounting rate of return LO P2 A machine costs $700,000 and is expected to yield an after-tax net income of $30,000 each year, Management predicts this machine has a 11-year service life and a $140,000 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 retur

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