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Youre trying to determine whether or not to expand your business by building a new manufacturing plant. The plant has an instalation cost of $22.2

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Youre trying to determine whether or not to expand your business by building a new manufacturing plant. The plant has an instalation cost of $22.2 milion, which will be depreciated straght-ine to zero over ts lour-year life If the plant has projected net inoome of $1,995,000, $2235,000, $2,214,000, and $1,416,000 over these four years, what is the project's average accounting returm (AAR)? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, .g,32.16) Average accounting retum

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