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LU Project Arequires a $325,000 initial investment for new machinery with a five-year life and a salvage value of $45,500. The company uses straight-line depreciation

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LU Project Arequires a $325,000 initial investment for new machinery with a five-year life and a salvage value of $45,500. The company uses straight-line depreciation Project A is expected to yield annual net income of $21,600 per year for the next five years Compute Project A's payback period. Payback Period Choose Denominator: Choose Numerator Payback Period Payback period Compute Project A's accounting rate of return. Choose Numerator: Accounting Rate of Return Choose Denominator: Accounting Rate of Return Accounting rate of return

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