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M11-3 (Algo) Calculating Accounting Rate of Return (LO 11-1) What is the accounting rate of return for a project that is estimated to yield total

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M11-3 (Algo) 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 $381,000 over three years and costs $857,000? (Round your answer to 2 decimal places. (l.e. 1234 should be entered as 12.34%)) Accounting Rate of Retum %

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