QS 24-6 (Algo) Accounting rate of return LO P2 Project A requires a $385,000 initial investment for new machinery with a five-year life and a salvage value of $45,500. Project Als expected to yield annual income of $23,200 per year and net cash flow of $96,250 per year for the next five years. Compute Project A's accounting rate of return Numerator: Accounting Rate of Return Denominator: Accounting Rate of Return Accounting rate of return