ation 3A Case Study.pdf - Adobe Reader ndow Help Tools Sign Comme Information Zakiv Limited is considering investing in a project. The following information/data is available for the project: Annual profit (loss): Year 1 Year 2 Year 3 Year 4 Year 5 (38 000) 40 000 (7 000) 25 000 34 000 Initial Cash Investment 300 000 20 000 Scrap Value The company estimates that its cost of capital is 10%. The expected useful life of the project is 5 years. Depreciation is calculated using the straight-line method. Required: (3 marks) 3.1 Calculate the Accounting Rate of Return of the project. 21:50 A 49 ENG 2019/09/29 e S Bico