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Managerial accounting chapter 11. Thank you ...

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Accounting

Managerial accounting chapter 11. Thank you image
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9 value 10.00 points Various information about the proposed investment follows: Initial investment (2 limos) Useful life Salvage value $1,380,000 10 years s 130,000 128,340 net net i LLT's cost of capital 15% Required: Help LLT evaluate this project by calculating each of the following: 1. Accounting rate of return. 2. Payback period. (Round your answer to 2 decimal places.) Years

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