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What is the average accounting return

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Question - A project has an initial cost of $32,000 and a 3-year life. The projected net income from the project is $1,500, $2,100, and $1,700 a year for the next 3 years, re5pectively. The company uses straight-line depreciation to a book value of zero over the life of the project. What is the average accounting return?

Reference no: EM133077279

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