The following data concerns a proposed equipment purchase:

IGNORING income taxes, the annual net income amount used to calculate the accounting rate of return is:

The following data concerns a proposed equipment purchase 2 $149,000 s 6,500 Salvage value Estimated useful life Annual net cash flows Depreciation method 4 years ints s 48,600 Straight-line lgnoring income taxes, the annual net income Multiple Choice $48,600 $12,975 $14,600 $84,225 ?$46,975