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uiz Instructions have 2 attempts. 90 minutes each attempt. CANVAS will record your highest som...

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Accounting

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uiz Instructions have 2 attempts. 90 minutes each attempt. CANVAS will record your highest som can use your notes, book, calculator and scratch paper. If you have any question know, Jina TE, once the quiz is closed I will change the points so the extra credit points aren ing to the total amount of 1,000 points for the course. Question 1 1 pts Siesta Manufacturing has asked you to evaluate a capital investment project. The project will require an initial investment of $88,000. The life of the investment is 7 years with a residual value of $4,000. If the project produces net annual cash inflows of $16,000, what is the accounting rate of return? 4.55% 18.18% 15% 12.5% Show all

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