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The expected average rate of return for a proposed investment of $716,000 in a fixed asset, with a useful life of 4 years, straight-line
The expected average rate of return for a proposed investment of $716,000 in a fixed asset, with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total net income of $328,000 for the 4 years, is (round to two decimal points) a. 13.90% b. 45,81% c. 11.46% d. 22.91%
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
9780078025525, 9780077517359, 77517350, 978-0077398194
