Question: please help. what is the answer? thank you Project A requires a $315,000 initial investment for new machinery with a five-year life and a salvage

please help. what is the answer? thank you  please help. what is the answer? thank you Project A requires

Project A requires a $315,000 initial investment for new machinery with a five-year life and a salvage value of $44,500. Project Ais expected to yield annual income of $26,900 per year and net cash flow of $78,750 per year for the next five years. Compute Project A's accounting rate of return Numerator: Annual pre-tax income Accounting Rate of Return Denominator: Average investment Accounting Rate of Return Accounting rate of return

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