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Business, 26.07.2020 14:01 1991987

The following data concerns a proposed equipment purchase: Cost$144,000 Salvage value$4,000 Estimated useful life 4years Annual net cash flows$46,100 Depreciation methodStraight-line Ignoring income taxes, the annual net income amount used to calculate the accounting rate of return is:

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The following data concerns a proposed equipment purchase: Cost$144,000 Salvage value$4,000 Estimate...
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