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Information for two alternative projects involving machinery investments follow. The accounting rate of return for Project 1 is: 33 Year Project 1 Project 2

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Information for two alternative projects involving machinery investments follow. The accounting rate of return for Project 1 is: 33 Year Project 1 Project 2 Initial investment $ (360,000) $ (300,000) Salvage value 32,000 00:30:19 Annual income 45,000 36,000 eBook Multiple Choice 22.5%. O O 11.3%. 12.5%. 25.0%. 24.0%.

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