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Business, 17.08.2021 03:40 lacyfigueroa

Item 7 The following relates to a proposed equipment purchase: Cost $ 144,000 Salvage value $ 4,000 Estimated useful life 4 years Annual net cash flows $ 46,100 Depreciation method Straight-line Ignoring income taxes, the annual net income amount used to calculate the accounting rate of return is:

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Item 7 The following relates to a proposed equipment purchase: Cost $ 144,000 Salvage value $ 4,000...
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