Question: Question 18 2 pts Andreescu's project which costs $642,000 has projected average net income of $42.000 a year over its 4-year life. It will be

 Question 18 2 pts Andreescu's project which costs $642,000 has projected

Question 18 2 pts Andreescu's project which costs $642,000 has projected average net income of $42.000 a year over its 4-year life. It will be depreciated using straight-line depreciation to a book value of zero over the life of the project. The firm wants to earn a minimal average accounting return of 8.5 %. The firm should in the project based on the AAR of O Reject: 6.5% O Accept: 7.0% O Accept: 13.08% Reject: 13.08% Accept: 6.5%

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