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Siesta Manufacturing has asked you to evaluate a capital investment project. The project will require an initial investment of $50,000. The life of the investment
Siesta Manufacturing has asked you to evaluate a capital investment project. The project will require an initial investment of $50,000. The life of the investment is 6 years with a residual value of $4,000. If the project produces net annual cash inflows of $10,000, what is the accounting rate of return? Round any intermediary calculations to the nearest dollar and your final answer to two decimal places, x.xx%. OA. . OC. OD, 20.00% 3.33% 4.67% 5.00%
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