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Hayolom is analyzing a project and has gathered the following data. The firm depreciates its assets using straight-line depreciation to a zero book value over

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Hayolom is analyzing a project and has gathered the following data. The firm depreciates its assets using straight-line depreciation to a zero book value over the life of the asset. What is the project's average accounting rate of return? Year 10 Cash Flow $208,000 $78,500 $80,500 $81,800 $81,9001 Net Income n/a $6.500 $8,500 $9,800 $9.900 2 3 14 Multiple Choice O 7.21 % 6.02% O O 8.54 % O 6.41 % O 8.34 %

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