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Business, 28.12.2019 04:31 ozzy55

Project a requires a $280,000 initial investment for new machinery with a five-year life and a salvage value of $30,000. the company uses straight-line depreciation. project a is expected to yield annual net income of $20,000 per year for the next five years. compute project a's accounting rate of return. express your answer as a percentage, rounded to two decimal places.

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Project a requires a $280,000 initial investment for new machinery with a five-year life and a salva...
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