Question: Mountain Frost is considering a new project with an initial cost of $235.000. The equipment will be depreciated on a straight line basis to a

Mountain Frost is considering a new project with an initial cost of $235.000. The equipment will be depreciated on a straight line 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

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