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QS 2 4 - 7 ( Algo ) Accounting rate of return LO P 2 Peng Company is considering buying a machine that will yield
QS Algo Accounting rate of return LO P
Peng Company is considering buying a machine that will yield income of $ and net cash flow of $ per year for three years.
The machine costs $ and has an estimated $ salvage value. Compute the accounting rate of return for this investment.
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