Business, 06.05.2020 04:02 vianney84

Longordia Foods is expecting to generate after-tax income of $1,558,888, $2,933,312, and $3,261,712 for each of the next three years. The equipment used will have an average book value of $8,375,000 over that period. What is the accounting rate of return (ARR)?

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Longordia Foods is expecting to generate after-tax income of $1,558,888, $2,933,312, and $3,261,712...