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Suppose Francine Dunkelbergs Sweets is considering investing in warehouse-management software that costs $550,000, has $75,000 residual value, and should lead to cost savings of $130,000
Suppose Francine Dunkelbergs Sweets is considering investing in warehouse-management software that costs $550,000, has $75,000 residual value, and should lead to cost savings of $130,000 per year for its five-year life. What is the accounting rate of return? A. 20.8% B. 27.4% C. 41.6% D. 54.7%
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