Question: step by step formula not excel You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an

step by step formula not excel

 step by step formula not excel You're trying to determine whether

You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $14 million, which will be depreciated straight-line to zero over its four-year life. If the plant has projected net income of $1,858,500, $1,911,800, $1,880,200, and $1,333,700 over these four years, what is the project's average accounting return (AAR)? (Round the final answer to 2 decimal places.) (omit % sign). For the toolbar press ALT+F10 Pr ALT+FN+F10 (Mac)

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