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Spacely Sprockets Inc is a new start - up evaluating a new project. They worry that they don't have all the requisite operating information they
Spacely Sprockets Inc is a new startup evaluating a new project. They worry that they don't have all the requisite operating information they will need to estimate Cash Flows From Assets and that they wouldn't be able to evaluate this project based on NPV and IRR which both use the FFAs to evaluate Instead they have decided to use the Average Accounting Return AAR rule to evaluate the project. What is the AAR for this project? Enter your answer as a percentage and Round to decimals
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Spacely Sprockets
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