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PLEASE GIVE RIGHT ANSWER AND EXPLAIN HOW YOU DID IT. I NEED TO SEE THE PROCESS THANK YOU! NEED IT ASAP Assuming that net cash
PLEASE GIVE RIGHT ANSWER AND EXPLAIN HOW YOU DID IT. I NEED TO SEE THE PROCESS THANK YOU! NEED IT ASAP
Assuming that net cash flows are received evenly throughout the year, the accounting rate of return is:
a)24.13%
b)20.98%
c)22.95%
d)59.00%
e)25.45%
Cost Salvage value Estimated useful life Annual net cash flows Depreciation method $58,000 $ 3,000 5 years $18,000 Straight-line
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