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Question 6 Not yel answered Spacely Sprockets Inc is a new start-up evaluating a new project. They worry that they don't have all the requisite

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Question 6 Not yel answered Spacely Sprockets Inc is a new start-up evaluating a new project. They worry that they don't have all the requisite operating information they will need to estimate Cash Flows From Assets and that they wouldn't be able to evaluate this project based on NPV and IRR (which both use the CFFA's to evaluate), instead they have decided to use the Average Accounting Return (AAR) rule to evaluate the project. What is the AAR for this project? (Enter your answer as a percentage and Round to 2 decimals) Marked out of 10.00 Flag question Accounting Info for Spacely Sprockets Net Income Hook Value of Assets Year 52.000 639.000 Year 2 43,000 696.000 Year B0.000 600.000

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