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Business, 12.12.2020 17:10 JocelynC7237

A company buys a machine for $68,000 that has an expected life of 8 years and no salvage value. The company uses straight-line depreciation. The company anticipates a yearly net income of $3,250 after taxes of 36%, with the cash flows to be received evenly throughout each year. What is the accounting rate of return? a. 3.44%.
b. 4.78%.
c. 9.56%.
d. 6.12%.
e. 38.24%.

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A company buys a machine for $68,000 that has an expected life of 8 years and no salvage value. The...
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