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! Required information [The following information applies to the questions displayed below.] Peng Company is considering an investment expected to generate an average net income

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! Required information [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 $3,400 for three years. The investment costs $55,500 and has an estimated $10,800 salvage value. Compute the accounting rate of return for this investment; assume the company uses straight-line depreciation. Choose Numerator: Accounting Rate of Return Choose Denominator: Annual average investment 3,4001 Accounting Rate of Return Accounting rate of return Annual after-tax net income II $ 0

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