A company projects annual cash inflows of 85000 each year, Financial Management

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A company projects annual cash inflows of 85000 each year

A company projects annual cash inflows of $85,000 each year for the next 5 years if it invests $300,000 in new equipment. The equipment has a 5-year life and an estimated salvage value of $75,000. What is the accounting rate of return on this investment?

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Financial Management: A company projects annual cash inflows of 85000 each year

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Financial Management: A company projects annual cash inflows of 85000 each year

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