The expected average rate of return for a proposed investment of $743,000 in a fixed...
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Accounting
The expected average rate of return for a proposed investment of $743,000 in a fixed asset, with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total net income of $224,000 for the 4 years, is (round to two decimal points).
13.90%
15.07%
7.54%
30.15%
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