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Waker LLC. is considering whether to upgrade its equipment Managers are considering an option that costs $400,000, has a useful life of 10 years, and

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Waker LLC. is considering whether to upgrade its equipment Managers are considering an option that costs $400,000, has a useful life of 10 years, and a residual value of $50,000. If the equipment will annually generate $100,000 of operating income, what is the accrual accounting rate of return? 16.25% 15 20.75 25%

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