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ng at OF KOLOTITATS Accounting Rate of Return Formula/Calculation ARR= Initial Investment/AverageAnnualProfit (3,720,000/471,900,000=0.4895 ARR=48.95% Mark 2 marks) 5 (5 marks) Total Lifetime Cashflows I Total

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ng at OF KOLOTITATS Accounting Rate of Return Formula/Calculation ARR= Initial Investment/AverageAnnualProfit (3,720,000/471,900,000=0.4895 ARR=48.95% Mark 2 marks) 5 (5 marks) Total Lifetime Cashflows I Total Depreciation (3 marks) Total Lifetime Profit (2 marks) (2 marks) Average Annual (Total Lifetime Profit - Project Life) Accounting Profit Calculation of Average Investment: (3 marks) ARR calculation (1 mark) (3,720,000/4)1,900,000=0.4895 ARR=48.95% (Total of 18 marks for this partil Focus Kingdom)

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