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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 $2,000 for three years. The investment costs $53.400 and has an estimated $8.700 salvage value. Compute the accounting rate of return for this investment, assume the company uses straight-line depreciation. Accounting Rate of Return Choose Denominator Choose Numerator: Accounting Rate of Return Accounting rate of return

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