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The following information applies to the questions displayed below Peng Company Is considering an investment expected to generate an average net income after taxes of

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The following information applies to the questions displayed below Peng Company Is considering an investment expected to generate an average net income after taxes of $2,400 for three years. The investment costs $51,000 and has an estimated $9,000 salvage value. Compute the accounting rate of return for this investment; assume the company uses straight-line depreciation. ting Rate of Return Choose Numerator Choose Denominator:-Accounting Rate of Return Accounting rate of return

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