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The following relates to a proposed equipment purchase: 7 Initial investment Salvage value Estimated useful life Annual net cash flows Annual depreciation expense 3 points
The following relates to a proposed equipment purchase: 7 Initial investment Salvage value Estimated useful life Annual net cash flows Annual depreciation expense 3 points $ 161,100 $ 4,900 4 years $ 47,000 $ 39,050 eBook The annual average investment amount used to calculate the accounting rate of return is: Multiple Choice $80,550 G $78,100
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