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Required information Part 1 of 2 [The following information applies to the questions displayed below] Peng Company is considering an investment expected to generate an

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Required information Part 1 of 2 [The following information applies to the questions displayed below] Peng Company is considering an investment expected to generate an average net income after taxes of $3,000 for three years. The investment costs $53.700 and has an estimated $11,100 salvage value. ints Compute the accounting rate of return for this investment assume the company uses straight -ine depreciation f Hint Rate of Print ng rate of return Annual after-tax net income 8091% 3,000 Scoreanswer > 8 9 of 10

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