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why is this wrong? please help
Initial investment-depreciable assets$39,000Initial investment-working capital6,000Net cash inflows from operations (per year for 6 years)9,000Disinvestment-depreciable assets3,000Disinvestment-working capital2,000
For parts b. and c., round answers to three decimal places, if applicable.
a. Determine the payback period. = answer 5yrs correct
b. Determine the accounting rate of return on initial investment Answer = 6.667 incorrect
c. Determine the accounting rate of return on average investment Answer = 0.12. correct
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