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Peng Company is considering an investment expected to generate an average net income after taxes of $2,600 for three years. The investment costs $45,000 and

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Peng Company is considering an investment expected to generate an average net income after taxes of $2,600 for three years. The investment costs $45,000 and has an estimated $11,400 salvage value. Compute the acCounting rate of return for this investment; assume the company/uses straight-line depreclation. Accounting Rate of Return Choose Numerator: / Choose Denominator: Accounting Rate of Return Accounting rate of return 0

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