Business, 02.06.2020 08:59, Roshaan8039

Manly Manufacturing Ltd is evaluating an expansion of its business by purchasing new manufacturing equipment. The equipment has an installation cost of $26 million, which will be depreciated straight-line to zero over its three-year life. If the plant has projected net income of $2 348 000, $2 680 000, and $1 920 000 over these three years, what is the project's average accounting return (AAR)? 11.69% 14.14% 15.088% 17.82%

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Manly Manufacturing Ltd is evaluating an expansion of its business by purchasing new manufacturing e...