Question: Your firm is considering purchasing a machine with the following annual, end-of-year, book investment accounts. Gross investment Less: Accumulated depreciation Net investment AAR + Year

Your firm is considering purchasing a machine with the following annual, end-of-year, book investment accounts. Gross investment Less: Accumulated depreciation Net investment AAR + Year O Year 1 Year 2 Year 3 Year 4 $ 58,000 $ 58,000 $ 58,000 $ 58,000 $58,000 14,500 29,000 43,500 58,000 *% 0 The machine generates, on average, $6,000 per year in additional net income. What is the average accounting return for this machine? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) $ 58,000 $ 43,500 $ 29,000 $ 14,500 $ 0
 Your firm is considering purchasing a machine with the following annual,

Your firm is considering purchasing a machine with the following annual, end-of-year, book investment accounts. The machine generates, on average, $6,000 per year in additional net income. What is the average accounting return for this machine? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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