Kailah2435 Kailah2435

21-10-2022
Business

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assume straight-line depreciation. a company plans to purchase machinery costing $1,000,000 with salvage value of $200,000 after 4 years. annual income is expected to be $40,000 during the 4 years. calculate the accounting rate of return. round your answer to the nearest tenth of a percent.

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