Business, 16.01.2020 17:31 langel7373

The following data concerns a proposed equipment purchase: cost $144,000 salvage value $4,000 estimated useful life 4 years annual net cash flows $46,100 depreciation method straight-line the annual average investment amount used to calculate the accounting rate of return is:

a.$72,000
b.$70,000
c.$37,000
d.$74,000
e.$48,950

Answers: 3

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The following data concerns a proposed equipment purchase: cost $144,000 salvage value $4,000 estim...