An investment of $5000 provides an average net cash flows of $320 with zero salvage value Depreciation

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An investment of $5000 provides an average net cash flows of $320 with zero salvage value Depreciation is $35 per year The accounting rate of return using the original investment is

a. 57

b. 32

c. 40

d. 51

e. 24

Related Book For answer-question

Accounting What the Numbers Mean

ISBN: 978-0073527062

9th Edition

Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,

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Posted Date: Jan 04, 2021 01:36 PM

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An investment of $5000 provides an average net cash flows of $320 with zero salvage value Depreciation

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Initial investment 5000 Cash inflow 32... View the full answer

Accounting What the Numbers Mean

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