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Business, 29.11.2019 23:31 leah5981

Weston's uses stralght-line depreclation to zero over a project's life. a new project has a fixed asset cost of $2,687,300 and projected annual net income of $95,000, $162,000, $286,000, and $304,000 over years 1 to 4. what is the average accounting return?
a) 14.35 percent
b) 15.63 percent
c) 14.87 percent
d) 15.76 percent
e) 6.05 percent

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