Flint systems is considering investing in a production management software that cost $600000 has a $60,000 residual value and leads to the cost Savings of $150,000 per year over its five-year life. calculate the average amount invested in the asset that should be used for calculating the accounting rate of return?

a. $660,000

b.$600,000

c.$330,000

d.$60,00p

Answer rating: 100% (QA)

Therefore the correct answer is Option c ... View the full answer