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o E2b-21 (similar to) Roberts Hardware is adding a new product line that will require an investment of 51 154.000 Manager estimate that this weere

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o E2b-21 (similar to) Roberts Hardware is adding a new product line that will require an investment of 51 154.000 Manager estimate that this weere will have a 10-year life and generate et cash inflows of $310,000 the first year 5290.000 the second year and $240.000 each year thereafter for eight years Assume the project has no residuale Compute the ARR for the investment Round to two places Select the formula, then enter the amounts to calculate the ARR (accounting rate of return for the new product Ine (Round ARR to the nearest hundred percent two decimal placer XXX%) Average annual operating income Average amounted ARR

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