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Required informotion [The following information applies to the questions displayed below] Project A requires a $295,000 inital irivestment for new machinery with a five-year life
Required informotion [The following information applies to the questions displayed below] Project A requires a $295,000 inital irivestment for new machinery with a five-year life and a sallvage value of $46,500 The company uses straight line depreciation. Project A is expected to yeld annual net income of $25,100 per year for the next five years Compute Project A's accounting rate of return
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