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Newport Corporation is considening the purchase of a new plece of equipment. The cost savings from the equipment would result in an arnual increase in
Newport Corporation is considening the purchase of a new plece of equipment. The cost savings from the equipment would result in an arnual increase in net cash flow of $200.000. The equ pment will have an initial cost of $900000 and a 6 year useful life with no expected salvage value. What is the accounting rate of return? Muitiple choice 16.67s 2222% 5.56. 44.44%
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