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Please help me with this accounting question ! Required information Use the following information for the Quick Study below. [The following information applies to the
Please help me with this accounting question
! Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.) Project A requires a $285,000 initial investment for new machinery with a five-year life and a salvage value of $31,000. The company uses straight-line depreciation. Project A is expected to yield annual net income of $28,300 per year for the next five years. QS 25-6 Accounting rate of return LO P2 Compute Project A's accounting rate of return. Accounting Rate of Return Choose Numerator: Choose Denominator: 1 1 = Accounting Rate of Return Accounting rate of return =Step by Step Solution
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