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The following data concerns a proposed equipment purchase: Cost $156,000 Salvage value Estimated useful life Annual net cash flows 4,500 4 years $ 52,100
The following data concerns a proposed equipment purchase: Cost $156,000 Salvage value Estimated useful life Annual net cash flows 4,500 4 years $ 52,100 Straight-line Depreciation method Ignoring income taxes, the annual net income amount used to calculate the accounting rate of return is Multiple Choice $52,100 O $14,225 O $15,350 O s89,975 $50,975
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