Project A requires a $405,000 initial investment for new machinery with a five-year life and a salvage value of $32,000. Project A is expected to yield annual income of $26,200 per year and net cash flow of $101,250 per year for the next five years.

Project A requires a $405,000 Initial Investment for new machinery with a five-year life and a salvage value of $32,000. Project A IS expected to yleld annual Income of $26,200 per year and net cash flow of $101,250 per year for the next five years. Compute Project A's accounting rate of return. Numerator: Accounting Rate of Return Denominator: Accounts receivable Current liabilities Accounting Rate of Return Accounting rate of return 0