Homework: Chapter 12 Homework (required) Score: 0.4 of 1 pt 4 of 10 o completo HW Score: 65.29%, 6.53 of 10 pts E12-20A (similar to) Question Help Fielding Hardware is adding new product line that will require an investment of $1,530,000. Managers estimate this investment will have a 10 year and generate net casinows of $325,000 the first year. $300,000 the second year, and $250,000 each year thereafter for eight years. The investment has no residual value. Compute the ARR for the investment First, enter the formula, then compute the ARR of the new product line. (Enter your answer as a percent rounded to two decimal places) Accounting Average annual operating income from asset Initial Investment rate of return 262500 IS 1,530,000 17.16 Enter any number in the edit fields and then click Check Answer Clear All Final Check All parts showing Pearson