Question: 3. 4.00 points You're trying to determine whether or not to expand your business by building a new manufacturing plant. The plant has an installation

 3. 4.00 points You're trying to determine whether or not to

3. 4.00 points You're trying to determine whether or not to expand your business by building a new manufacturing plant. The plant has an installation cost of $14 million, which will be depreciated straight-line to zero over its four- year life. Required If the plant has projected net income of $1,253,000, $1,935,000, $1,738,000, and $1,310,000 over these four years, what is the project's average accounting return (AAR)? (Do not round intermediate rounded to 2 decimal places (e-g., 32.16),) Average accounting return

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