Exercise 11-7 Accounting rate of return LO P2 A machine costs $500,000 and is expected...
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Exercise 11-7 Accounting rate of return LO P2 A machine costs $500,000 and is expected to yield on after-tax net income of $19.000 each year. Management predicts this machine has a 12-year service life and a $100.000 salvage value, and it uses straight-line depreciation Compute this machine's accounting rate of return Choose Numerator: Accounting Rate of Return Choose Denominator 1 Accounting Rate of Retum Accounting rate of retum
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