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The Green Fiddle is considering a project with sales of $86,800 a year for the next four years. The profit margin is 6 percent, the
The Green Fiddle is considering a project with sales of $86,800 a year for the next four years. The profit margin is 6 percent, the project cost is $97,500, and depreciation is straight-line to a zero book value over the life of the project. The required accounting return is 10.8 percent. This project should be _____ because the AAR is _____ percent.
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