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Business, 28.11.2019 02:31 angelica9613

Assume straight-line depreciation. a company plans to purchase machinery costing $1,000,000 with salvage value of $200,000 after 4 years. after-tax net income is expected to be $55,000, $40,000, $35,000, and $30,000 during the 4 years. calculate the accounting rate of return. round your answer to the nearest tenth of a percent.

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Assume straight-line depreciation. a company plans to purchase machinery costing $1,000,000 with sal...
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