Submit Save & Exit Saved Help Chapter 24 Homework Assignment Check my work 5 0 Required information Part 1 of 2 [The following information applies to the questions displayed below) Peng Company is considering an investment expected to generate an average net income after taxes of $2,400 for three years. The investment costs $51,600 and has an estimated $7.200 salvage value 0.9 point Compute the accounting rate of return for this investment, assume the company uses straight-line depreciation eBook Hint Choose Numerator: Annual after tax net income Accounting Rate of Return Chogs Renominator: Annual averag Vestment Accounting Rate of Return Accounting rate of return of Print References