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pls HURRY? You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $12
pls HURRY?
You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $12 million, which will be depreciated straight-line to zero over its four-year life. If the plant has projected net income of $1,858,500, $1,911,800,$1,880,200, and $1,333,700 over these four years, what is the project's average accounting return (AAR)? (Round the final answer to 2 decimal places.) Average accounting return 8Step by Step Solution
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