Question: A machine will cost TZS 1 0 , 0 0 0 . It is expected to provide profits before depreciation of TZS 3 , 0

A machine will cost TZS 10,000. It is expected to provide profits before depreciation of
TZS 3,000 each in year 1 and 2 and TZS 4,000 each in year 3 and 4. Assuming a straight
line depreciation and no taxes, what is the average accounting rate of return?
A machine will cost TZS 10,000. It is expected to provide

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