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Watson Corporation is considering buying a machine for $25,000. Its estimated useful life is 5 years with no salvage value. Watson anticipates annual income of

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Watson Corporation is considering buying a machine for $25,000. Its estimated useful life is 5 years with no salvage value. Watson anticipates annual income of $1,500 from the new machine. What is the accounting rate of return assuming thot income is earned uniformly throughout each year? Multiple Choice 6.0k 8.5% 12.0% 8.02

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