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Project A requires a $405,000 initial investment for new machinery with a five-year life and a salvage value of $43,500. Project A is expected
Project A requires a $405,000 initial investment for new machinery with a five-year life and a salvage value of $43,500. Project A is expected to yield annual income of $25,100 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: Answer is not complete. Accounting Rate of Return Denominator: Accounting Rate of Return Annual income Average investment 25,100 / Accounting rate of return 0
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