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flip flop company is considering investing inproduction-management software that costs $600,000, has $60,000residual value and should lead to cost savings of $150,000 per yearfor its

flip flop company is considering investing inproduction-management software that costs $600,000, has $60,000residual value and should lead to cost savings of $150,000 per yearfor its five-year life. calculate the average amount invested inthe asset that should be used for calculating the accounting rateof return?

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