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QUESTION 4.1.1 Calculate the Accounting Rate of Return 4.1 Line Fish Limited is a canning company and intends to increase its operations. They are considering

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QUESTION 4.1.1 Calculate the Accounting Rate of Return

4.1 Line Fish Limited is a canning company and intends to increase its operations. They are considering investing in a new canning plant. The following data is available for the project: Additional information: Required: 4.1.1 Calculate the accounting rate of return. (Answer rounded off to 2 decimal places) (4)

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