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 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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