Solution-Compute the accounting rate of return for this

Compute the accounting rate of return for this investment

Reference no: EM133174521

Question - Peng Company is considering an investment expected to generate an average net income after taxes of $2,400 for three years. The investment costs $52,500 and has an estimated $6,600 salvage value. Compute the accounting rate of return for this investment, assume the company uses straight-line depreciation.

Reference no: EM133174521

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Compute the accounting rate of return for this investment : The investment costs $52,500 and has an estimated $6,600 salvage value. Compute the accounting rate of return for this investment

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Compute the accounting rate of return for this investment

Reference no: EM133174521

Reference no: EM133174521

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