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The following data is the same as the previous question: Muppets Manufacturing is considering purchasing a machine with an expected life of 9 years for

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The following data is the same as the previous question: Muppets Manufacturing is considering purchasing a machine with an expected life of 9 years for $75,000. The machine has an estimated salvage value of $3.000. Muppets expects the new machine to generate cost savings of $13.545 What is the accounting rate of return of the machine Ground answer to 2 decimal places)? 18.06 3006 739 18 31

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