Tetryl Company Is considering a project with an initial Investment of $200,000 in new equipment that will
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Question:
Tetryl Company Is considering a project with an initial Investment of $200,000 in new equipment that will yield annual net cash flows of $48,000 and will depreciate at $24,000 per year over its eight year life. What Is the accounting rate of return?
a. 25%
b. 12%
c. 54%
d. 37%
e. 19%
Related Book For
Financial Management Principles and Applications
ISBN: 978-0133423822
12th edition
Authors: Sheridan Titman, Arthur Keown, John Martin
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