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Question 8 O pts You are considering a 5-year project with the following characteristics. You pay $600,000 for the equipment, which has a salvage value
Question 8 O pts You are considering a 5-year project with the following characteristics. You pay $600,000 for the equipment, which has a salvage value of $100,000 at the end of its five-year life. The equipment is depreciated on a straight-line basis. The net income is $80,000 per year. What is the Average Accounting Return for this project? Show your work here. You will not receive credit without showing your work. Round to two decimal places. Highlight your answers. HTML Editor BI VA -A Ix Ex? X5 E V TT 12pt Paragraph
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