Required information [The following information applies to the questions displayed below] Project A requires a $435,000 initial investment for new machinery with a five-year life and a salvage value of $45,500 The company uses straight-line depreciation. Project A is expected to yield annual net income of $26,300 per year for the next five years. Compute Project A's accounting rate of return. Accounting Rate of Return -Accounting Rate of Return Choose Denominator: Choose Numerator: Accounting rate of return Annual average investment Annual after-tax net income 26,300 Next> of 11 3 of 11 4 of 11