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Mathematics, 12.08.2020 08:01 ZachLaVine2016

A company buys a machine for $75,000 that has an expected life of 8 years and no salvage value. The company uses straight-line depreciation. The company anticipates a yearly net income of $3,600 after taxes of 24%, with the cash flows to be received evenly throughout each year. What is the accounting rate of return? it's for accounting

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