An investment of $1,000 provides an average net income of $220 with zero salvage value. Depreciation is

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An investment of $1,000 provides an average net income of $220 with zero salvage value. Depreciation is $20 per year. The accounting rate of return using the original investment is
  a.  44 percent.
  b.  22 percent.
  c.  20 percent.
  d.  40 percent.
  e.  none of the above.

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