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[The following information applies to the questions displayed below.) Project A requires a $335,000 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 $335,000 initial investment for new machinery with a five-year life and a salvage value of $41,500. The company uses straight-line depreciation. Project A is expected to yield annual net income of $22,200 per year for the next five years. QS 24-6 Accounting rate of return LO P2 Compute Project A's accounting rate of return. Accounting Rate of Return Choose Denominator: Choose Numerator: Accounting Rate of Return Accounting rate of return

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