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You are considering an equipment purchase which will have an average book value of $86,000. The net income produced from the equipment will be $14,600

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You are considering an equipment purchase which will have an average book value of $86,000. The net income produced from the equipment will be $14,600 in year one, $12,500 in year two, 15,400 in year three and $9,800 in year four. What is the average Accounting Return? If the required average accounting return is 18%, do we accept this project? 15%,Yes19%,No15%,No19%,Yes

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