Question
You are looking at a three-year project witha projected net income of $100, $125, and $140 in each of the three years of the project's
You are looking at a three-year project witha projected net income of $100, $125, and $140 in each of the three years of the project's life. The cost is $600, which will be depreciated straight-line to zero over the three-year life of the project. What is the average accounting return (AAR)?
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Introduction to Finance Markets, Investments and Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
16th edition
1119398282, 978-1-119-3211, 1119321115, 978-1119398288
