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Nelson Corp is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual Increase in

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Nelson Corp is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual Increase in cash flow of $139,980. The equipment will have an initial cost of $515,000 and have a 5 year life If the salvage value of the equipment is estimated to be $155.000, what is the accounting rate of return? Ignore income taxes 2718% 13 20% 1070% 0 28 85% Type here to search

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