A project has 3 years of profits of: 25,000, 35,000 and 15,000. The initial investment was 95,000
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A project has 3 years of profits of: £25,000, £35,000 and £15,000. The initial investment was £95,000 (with a disposal value of £5,000). What is the Accounting Rate of Return (ARR) on the project?
Related Book For
Principles Of Managerial Finance
ISBN: 9781292018201
14th Global Edition
Authors: Lawrence J. Gitman, Chad J. Zutter
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