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thank you! 9 A company buys a machine for $67,000 that has an expected life of 9 years and no salvage value. The company uses
thank you! 9 A company buys a machine for $67,000 that has an expected life of 9 years and no salvage value. The company uses straight-line depreciation. The company anticipates a yearly net income of $3,200 after taxes of 34%, with the cash flows to be received evenly throughout each year. What is the accounting rate of return? Multiple Choice 3.25% 6.30% 4.78% Multiple Choice 9 3.25%. 6.30% U 4.78% 42.99% 9.55%
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