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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

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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 $348,000 over three years and costs $850,000? (Round your answer to 2 decimal places. (.. .1234 should be entered as 12.34%.)) Accounting Rate of Return % 1

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