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Project A requires a $300,000 initial investment for new machinery with a five-year life and...

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Accounting

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Project A requires a $300,000 initial investment for new machinery with a five-year life and a salvage value of $33,000. The company uses straight-line depreciation. Project A is expected to yield annual net income of $26,100 per year for the next five years Compute Project A's accounting rate of return. Accounting Rate of Return Choose Numerator: Accounting Rate of Return Accounting rate of return Choose Denominator

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