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Business, 13.06.2020 20:57 314180

A company buys a machine for $79,000 that has an expected life of 4 years and no salvage value. The company uses straight-line depreciation. The company anticipates a yearly net income of $3800 after taxes of 16%, with the cash flows to be received evenly throughout each year. What is the accounting rate of return

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A company buys a machine for $79,000 that has an expected life of 4 years and no salvage value. The...
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