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Business, 14.12.2019 04:31 cesar2679

Aqua shop is considering the purchase of a used printing press costing $15,000 . the printing press would generate a net cash inflow of $6,000 per year for four years. at the end of four years, the press would have no salvage value. the company's cost of capital is 12%. the company uses straight-line depreciation with no mid-year convention. what is the accounting rate of return on the original investment in the press to the nearest percent, assuming no taxes are paid?
a. 20 % b. 15% c. 41% d. 9%

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