Question
M11-2 Calculating Accounting Rate of Return [LO 11-1] What is the accounting rate of return for a project that is estimated to yield total income
M11-2 Calculating Accounting Rate of Return [LO 11-1]
What is the accounting rate of return for a project that is estimated to yield total income of $387,000 over three years and costs $858,000? (Round your answer to 2 decimal places. (i.e. .1234 should be entered as 12.34%.))
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Management And Cost Accounting
Authors: Colin Drury
6th Edition
1844807037, 978-1844807031
