Question: Mountain Frost is considering a new project with an initial cost of $235,000. The equipment will be depreciated on a straightline basis to a zero

Mountain Frost is considering a new project with an initial cost of $235,000. The equipment will be depreciated on a straightline basis to a zero book value over the four-year life of the project. The projected net income for each year is $20,600,$21,500. $24,600, and $17,500, respectively. What is the average accounting return? 19.19%0 17913 1642% 1344% 8.96

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