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Given the following information calculate the Accounting Rate of Return (ARR gross). Outlay = 100000 Annual Cash Flow = 70000 per year over four years
Given the following information calculate the Accounting Rate of Return (ARR gross).
Outlay = 100000
Annual Cash Flow = 70000 per year over four years
Life = 4 years
Rate = 0.12, as a decimal
Assume no taxes. Your answer must be accurate to the nearest percentage.
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