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Business, 13.05.2021 04:20 jaciecaylen
A company buys a machine for $78,000 that has an expected life of 5 years and no salvage value. The company uses straight-line depreciation. The company anticipates a yearly net income of $3,750 after taxes of 18%, with the cash flows to be received evenly throughout each year. What is the accounting rate of return?
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A company buys a machine for $78,000 that has an expected life of 5 years and no salvage value. The...
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