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Business, 01.08.2020 17:01, lalisa6745
The following data concerns a proposed equipment purchase: Cost $ 144,000 Salvage value $ 4,000 Estimated useful life 4 years Annual net cash flows $ 46,100 Depreciation method Straight-line Assuming that net cash flows are received evenly throughout the year, the accounting rate of return is (ignore income taxes):
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The following data concerns a proposed equipment purchase: Cost $ 144,000 Salvage value $ 4,000 Esti...
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