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You have purchased a pizza oven to include pizza in your restaurant menu. The initial cost of the oven is $20,000 that will be depreciated
You have purchased a pizza oven to include pizza in your restaurant menu. The initial cost of the oven is $20,000 that will be depreciated to a book value of zero over 3 years. The pizza sales would generate net income of $6,000, $7,500, and $9,000 for the next three years. Calculate your average accounting return.
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