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Nylan Company is considering an investment in new equipment costing $850,000. The equipment will be depreciated on a straightminusline basis over a fiveminusyear life and

Nylan Company is considering an investment in new equipment costing $850,000. The equipment will be depreciated on a straightminusline basis over a fiveminusyear life and is expected to have a salvage value of $50,000. The equipment is expected to generate net cash inflows of $1,000,000 in total during the five years life. What is the accounting rate of return associated with the equipment investment

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