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[The following information applles 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 applles to the questions displayed below] Peng Company is considering an investment expected to generate an average net income after taxes of $2,100 for three. years. The investment costs $52,500 and has an estimated $11,100 salvage value. Compute the accounting rate of return for this investment; assume the compary uses straight-line depreciation

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