Find the average accounting return of the project

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A firm is considering whether to expand its business by building a new manufacturing plant. The plant has an installation cost of $12,000 which will be depreciated straight- line to zero over its 4-year life. The plant has projected net income of $1, 621, $1, 512, $1, 101, and $1, 313 over these 4 years. Find the average accounting return of the project.

Reference no: EM131549020

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