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The following information applies to the questions displayed below.) Project A requires a $410,000 Initial investment for new machinery with a five-year life and a

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The following information applies to the questions displayed below.) Project A requires a $410,000 Initial investment for new machinery with a five-year life and a salvage value of $45.000. The company uses straight-line depreciation Project A is expected to yield annual net income of $23,100 per year for the next five years of 2 Compute Project A's accounting rate of return. Choose Numerator: Annual atter tax net income Accounting Rate of Return Choose Denominator: Annual average investment 227.500 Accounting Rate of Return Accounting rate of return 10 15 % 23.100

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