Question: Keeps saying the annual average income is wrong.... help! Required information Use the following information for the Quick Study below. [The following information applies to

 Keeps saying the annual average income is wrong.... help! Required information

Keeps saying the annual average income is wrong.... help!

Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below. Project A requires a $415,000 initial investment for new machinery with a five-year life and a salvage value of $31,500. The company uses straight-line depreciation. Project A is expected to yield annual net income of $24,200 per year for the next five years. QS 25-6 Accounting rate of return LO P2 Compute Project A's accounting rate of return. Accounting Rate of Return Choose Numerator: Choose Denominator:Accounting Rate of Return Annual after-tax net incomeAnnual average investmen Accounting rate of return 24,200IS 83,000- 29.161%

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