Straight-line method of depreciation

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Ueker Company is considering three capital expenditure projects.Relevant data for the projects are as follows. Project InvestmentAnnual Income Life of Project 22A $240,110 $17,390 6 years 23A272,290 20,800 9 years 24A 282,700 17,890 7 years Annual income isconstant over the life of the project. Each project is expected tohave zero salvage value at the end of the project. Ueker Companyuses the straight-line method of depreciation. FIND IRR.

Reference no: EM131067539

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