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Pulsar Manufacturing has asked you to evaluate a capital investment project. The project will require an initial investment of $44,000. The life of the investment
Pulsar Manufacturing has asked you to evaluate a capital investment project. The project will require an initial investment of $44,000. The life of the investment is 5 years with a residual value of $6,000. If the project produces net annual cash inflows of $10,000, what is the accounting rate of return? (Round any intermediary calculations to the nearest dollar and your final answer to two decimal places, X.XX%.) A. 5.45% O B. 2.73% OC. 4.4% D. 22.73%
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