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Question 14 3.3 pts Shelley Company uses the Accounting Rate of Return to help in making capital investment decisions. They give you the following information

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Question 14 3.3 pts Shelley Company uses the Accounting Rate of Return to help in making capital investment decisions. They give you the following information about the purchase of a new plant. The plant a depreciable asset, has a 10 year life will cost $1,000,000 with zero salvage value Cash Revenues munus Cash Expenses $100,000 each year $200.000 each year $400 000 each year 1 Years 1-3 Years 4-7 Years 8.10 The Accounting Rate of Return for the plant will be 26% 20% 46% 36% 135

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