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Business, 27.08.2019 01:30 pkot3409

You're trying to determine whether to expand your business by building a new manufacturing plant. the plant has an installation cost of $12.1 million, which will be depreciated straight-line to zero over its four-year life. if the plant has projected net income of $1,864,300, $1,917,600, $1,886,000, and $1,339,500 over these four years, what is the project's average accounting return (aar)?

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