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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

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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 $2000 for three years. The investment costs $46,500 and has an estimated $7.200 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 - Accounting Rate of Return Accounting rate of return Annuslatertax net income 2.000

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