Question: Click to see additional instructions Scott, Inc. is contemplating a project that costs $90,000. Expectations are that annual cash revenues will be $35,000 and annual

Click to see additional instructions Scott, Inc. is contemplating a project

Click to see additional instructions Scott, Inc. is contemplating a project that costs $90,000. Expectations are that annual cash revenues will be $35,000 and annual expenses (including depreciation) will total $15,000. The project has six-year useful life and a residual value of $15.000. The accounting rate of return for the project is percent. ***** (Take answer out to 1 decimal - for example 1.0% is entered as 1.0 or 1.2% is entered as 1.2)

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