Saxon Corporation is considering an investment proposal with the following cash flows: Initial investment in depreciable assets: $227,500. Net cash inflows from operations (per year for 10 years): $32,500. Disinvestment of depreciable assets (residual value: $22,750. Calculate the accounting rate of return on average investment. (Enter your answer as a percentage rounded to one decimal place. Do NOT include the % sign. For example: 0.12345= 12.3%; enter as 12.3) Type your answer...

Initial investment in depreciable assets: $227,500. Net cash inflows from operations (per year for 10 years): $32,500. Disinvestment of depreciable assets (residual value: $22,750. Calculate the accounting rate of return on jerage investment. (Enter your answer as a percentage rounded to one decimal place. Do NOT include the % sign. For example: 0.12.345 = 12.3%; enter as 12.3 ) Type your