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What is the estimated average rate of return for a proposed investment of $8,000,000 in a fixed asset with a useful life of 20
What is the estimated average rate of return for a proposed investment of $8,000,000 in a fixed asset with a useful life of 20 years, no residual value, and an expected total income of $8,000,000 over the life of the asset? Average estimated average rate of return Estimated annual income/ Average investment Average investment Initial cost + salvage value /2
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
17th Edition
032459237X, 978-0324592375
