Business, 17.02.2020 17:53 srsnider2017
A 5-year project is estimated to cost $700,000 and have no residual value. If the straight-line depreciation method is used and estimated total income is $231,000, determine the average rate of return giving effect to depreciation on the investment. Round your percentage answer to one decimal place (for example, a value of .1048 rounds to 10.5%).
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A 5-year project is estimated to cost $700,000 and have no residual value. If the straight-line depr...
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