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Tetryl Company is considering a project with an initial investment of $200,000 in new equipment that will yield annual net cash flows of $48,000 and

Tetryl Company is considering a project with an initial investment of $200,000 in new equipment that will yield annual net cash flows of $48,000 and will depreciate at $24,000 per year over its eight year life. What is the accounting rate of return? a. 25% b. 12% . 5496 Od. 37% e. 19%

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