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Chapter 12 1) The Hawn Corporation bought a new machine that cost $150,000 with a...

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Accounting

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Chapter 12 1) The Hawn Corporation bought a new machine that cost $150,000 with a 10-year life and a residual value of $20,000. The company plans to generate annual cash inflows of $40,000 over 10 years. Calculate the accounting rate of return

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