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Peng Company is considering buying a machine that will yield income of $2,800 and net cash flow of $18,500 per year for three years. The

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Peng Company is considering buying a machine that will yield income of $2,800 and net cash flow of $18,500 per year for three years. The machine costs $54,600 and has an estimated $7,500 salvage value. Compute the accounting rate of return for this investment Numerator: Accounting Rate of Rotum Denominator: Accounting Rate of Return Accounting rate of retum

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