Numerator-( Accounts receivable, Annual after-tax net income, Annual average investment, Annual pre tax income, Average total assets, COGS, Current assets, Current liabilities, Net sales, Total assets) Denominator-(Accounts receivable, Annual after-tax net income, Annual average investment, Annual pre tax income, Average total assets, COGS, Current assets, Current liabilities, Net sales, Total assets)

A machine costs $600,000 and is expected to yield an after-tax net income of $23,000 each year. Management predicts this machine has a 10-year service life and a $120,000 salvage value, and it uses straight-line depreciation. Compute this machine's accounting rate of return Accounting Rate of Return Accounting Rate of Return Choose Numerator: Choose Denominator: counting rate of return