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Question 48 5 points Save Answer You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an

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Question 48 5 points Save Answer You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $14 million, which will be depreciated straight-line to zero over its four-year life. If the plant has projected net income of $1,858,500, $1,911,800, $1,880,200, and $1,333,700 over these four years, what is the project's average accounting return (AAR)? (Round the final answer to 2 decimal places.) (omit % sign). For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). U Paragraph Arial 14px TX % Go = > x2 X2 > T + ABC 10 EX E X {3} ka P O WORDS POWERED BY TINY A Moving to another question will save this response Question 48 of 53

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