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help please! is it 46k? Mercer Co. sells glass and plastic bottles in bulk. They need to purchase a large piece of warehouse equipment in
help please! is it 46k? Mercer Co. sells glass and plastic bottles in bulk. They need to purchase a large piece of warehouse equipment in order to fulfill all of their Christmas orders. This piece of equipment will cost an initial $200,000 and has a 5-year useful life with $10,000 salvage value. The yearly cash flows for Mercer Co. will be $65,000, $50,000, $105,000, $100,000, and $110,000. Mercer Co. decides to utilize the Accounting Rate of Return (ARR) to value this investment. What is the average net income for these 5 years? $46,000 $86,000 $48,000 $100,000
help please! is it 46k?
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