Question 17 Given the following information calculate the Accounting Rate of Return (ARR gross). Outlay = 200000
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Question 17
Given the following information calculate the Accounting Rate of Return (ARR gross).
Outlay = 200000
Annual Cash Flow = 60000 per year over four years
Life = 4 years
Rate = 0.11, as a decimal
Assume no taxes. Your answer must be accurate to the nearest percentage. Enter your answer as a percentage. Enter the % symbol e.g. 17%Note: do not leave a space before the percentage (%) symbol. Use straight line depreciation over the life of the project.
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