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Question 24 2 pts The Corporation is looking at a three-year project with a projected net income of $10,000 in Year 1, $12,000 in Year
Question 24 2 pts The Corporation is looking at a three-year project with a projected net income of $10,000 in Year 1, $12,000 in Year 2, and $14,000 in Year 3. The cost of the equipment is $72,000, which will be depreciated straight-line to zero over the equipment's three-year life. What is the average accounting return, or AAR? 10.00% 25.00% 33.3%. 40.0%. Question 25 2 pts If the owner of the Corporation, has a target average accounting return of 30%, should this project be accepted? O Yes. No. Do not use this answer. o Do not use this
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