The projected net income for each year is 21100 22000 24600, Financial Management

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The projected net income for each year is 21100 22000 24600

Mountain Frost is considering a new project with an initial cost of $260,000. The equipment will be depreciated on a straight-line basis to a zero book value over the four-year life of the project. The projected net income for each year is $21,100, $22,000, $24,600, and $18,000, respectively. What is the average accounting return?

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Financial Management: The projected net income for each year is 21100 22000 24600

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Financial Management: The projected net income for each year is 21100 22000 24600

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