Question: PLEASE GIVE RIGHT ANSWER AND EXPLAIN HOW YOU DID IT. I NEED TO SEE THE PROCESS THANK YOU! NEED IT ASAP Assuming that net cash

PLEASE GIVE RIGHT ANSWER AND EXPLAIN HOW YOU DID IT. I NEED TO SEE THE PROCESS THANK YOU! NEED IT ASAP

PLEASE GIVE RIGHT ANSWER AND EXPLAIN HOW YOU DID IT. I NEED

Assuming that net cash flows are received evenly throughout the year, the accounting rate of return is:

a)24.13%

b)20.98%

c)22.95%

d)59.00%

e)25.45%

Cost Salvage value Estimated useful life Annual net cash flows Depreciation method $58,000 $ 3,000 5 years $18,000 Straight-line

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