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Sa The following relates to a proposed equipment purchase: Cost Salvage value Estimated useful life Annual net cash flows Depreciation method $153,000 $ 3,000 4
Sa The following relates to a proposed equipment purchase: Cost Salvage value Estimated useful life Annual net cash flows Depreciation method $153,000 $ 3,000 4 years $ 50,600 Straight-line Ignoring income taxes, the annual net income amount used to calculate the accounting rate of return is: Multiple Choice $88,100 $13,850 $49,850 $13,100 $50,600
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