A machine costs $700,000 and is expected to yield an after tax net income of $52,000 each year Management predicts this machine has a 10 year service life and a $100,000 salvage value Compute this machines accounting rate of return (Omit the sign, which is provided for you Round your answer to the nearest 1 ) Accounting of rate of return 13

Question: A machine costs $700,000 and is expected to yield an after-tax net income of $52,000 each year. Management predicts this machine has a 10-year service

A machine costs $700,000 and is expected to yield an after-tax net income of $52,000 each year. Management predicts this machine has a 10-year service life and a $100,000 . Compute this machine’s accounting rate of return. (Omit the "%" sign, which is provided for you. Round your answer to the nearest 1 %)
Accounting of rate of return ........................13

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