Multiple Choice 33.33%. 50.00% 5.30% 25.16%

A company is planning to purchase a machine that will cost $31,800, will have a six-year life, and will have no salvage value. The company expects to sell the machine's output of 3,000 units evenly throughout each year. A projected income statement for each year of the asset's life appears below What is the accounting rate of return for this machine? 40, ooo Sales Costs: Manufacturing Depreciation on machine Selling and administrative Income Multiple Choice 50, 700 5, 300 expenses $ 100, (96,000) $ 4, 000 O O O 3333%. 5000%. 5.30% 25.16%.