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Question 20 The Silverside Company is considering investing in Project 1, which has the following intormation Investment: $500,000 Useful life (years): 8 Estimated annual net

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Question 20 The Silverside Company is considering investing in Project 1, which has the following intormation Investment: $500,000 Useful life (years): 8 Estimated annual net cash inflows: $110.000 Residual value: $32,000 Depreciation method: Straight-line Required rate of return: 12% What is the accounting rate of return for Project 1? 33.70% 22.00% 10.30% O 15.60% Question 21

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