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how to find anual average investment? Help Save & Exit Part 2 of 2 Required information The following information applies to the questions displayed below)
how to find anual average investment?
Help Save & Exit Part 2 of 2 Required information The following information applies to the questions displayed below) Check 25 pints Project A requires a $430,000 initial investment for new machinery with a five-year life and a salvage value of $43.500 The company uses straight-line depreciation Project A is expected to yield annual net income of $26,100 per year for the next five years. eBook Compute Project A's accounting rate of return Print Ferences Choose Numerator: Annual after-tax net income 26,100 Accounting Rate of Return Choose Denominator: Annual average investment = Accounting Rate of Return Accounting rate of return 35.61 %Step by Step Solution
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