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Peng Company is considering an investment expected to generate an average net income after taxes of $3,300 for three years. The investment costs $58,200 and

Peng Company is considering an investment expected to generate an average net income after taxes of $3,300 for three years. The investment costs $58,200 and has an estimated $9.300 salvage value. Compute the accounting rate of return for this investment; assume the company uses straight-line depreciation. Choose Numerator: Accounting Rate of Return Choose Denominator: Accounting Rate of Return Accounting rate of return

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