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Given the following information on Project X, compute the accounting rate of return and the payback period. Year Accounting Profits Cash Flows 1 $799 $4
Given the following information on Project X, compute the accounting rate of return and the
payback period.
Year Accounting Profits Cash Flows
1 $799 $4 000
2 $799 $4 000
3 $799 $4 000
4 $799 $4 000
*Initial Outlay $12 106
Salvage Value $1 200
*Denominator
Ave of initial outlay minus ?
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