A project has an initial cost of 72000 and a four-year life, Ask an Expert

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A project has an initial cost of $72,000 and a four-year life. The company uses straight-line depreciation to a book value of zero over the life of the project. The projected net income from the project is $2,900, $2,300, $2,700, and $4,500 a year for the next four years, respectively. What is the average accounting return?

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Financial Management, Finance

Category:- Financial Management
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