Haws Company invested $5,500,000 in a new computer system. The following is the net income...
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Accounting
Haws Company invested $5,500,000 in a new computer system. The following is the net income stream:
| Year | Net income stream | |
| 1 | $950,000 | |
| 2 | $750,000 | |
| 3 | $1,300,000 | |
| 4 | $1,800,000 | |
| 5 | $1,840,000 | |
| 6 | $1,600,000 | |
Complete the Following:
A. The average net income is $. Round your answer to the nearest whole dollar value.
B. The accounting rate of return is %. Round your answer to two decimal places.
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