Project A requires a $315,000 initial investment for new machinery with a five-year life and...
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Project A requires a $315,000 initial investment for new machinery with a five-year life and a salvage value of $35,000. Project A is expected to yield annual income of $21,300 per year and net cash flow of $78,750 per year for the next five years. Compute Project A's accounting rate of return
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Project A requires a $315,000 initial investment for new machinery with a five-year life and a salvage value of $35,000. Project A is expected to yield annual income of $21,300 per year and net cash flow of $78,750 per year for the next five years. Compute Project A's accounting rate of return 