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Project A requires a $410,000 initial investmeor new machinery with a five-year life and a...

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Accounting

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Project A requires a $410,000 initial investmeor new machinery with a five-year life and a salvage value of S43,500. The company uses straight-line depreciation. Project A is expected to yield annual net income of $28,900 per year for the next five years. Compute Project A's accounting rate of return. Accounting Rate of Return Accounting Rate of Return Accounting rate of return Choose Numerator: Choose Denominator: Annual after-tax net income Annual average investment

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