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Sinan is considering investing in a project with an initial cost of $62,000 and a...

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Accounting

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Sinan is considering investing in a project with an initial cost of $62,000 and a four-year life span. Sinan will depreciate the assets to zero on a straight-line basis over those four years. The projected net income from the project is $2,400, $4,100, $4,700, and $4,500 a year for the next four years, respectively. What is the project's average accounting return? 6.33 percent 7.90 percent O 25.32 percent 12.66 percent 47.10 percent

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