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Business, 31.08.2020 02:01 zalliagessnerp5fuj9

A project has an initial cost of $80,000 and a 3-year life. The company uses straight-line depreciation to a book value of zero over the life of the project. The projected net income from the project is $1,200, $2,300, and $2,800 a year for the next 3 years, respectively. What is the average accounting return? 5.25 percent 5.35 percent 5.45 percent 5.56 percent

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A project has an initial cost of $80,000 and a 3-year life. The company uses straight-line depreciat...

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