Accounting rate of return of stain corp


Stain Corp. has forecasted that over the next four years the average annual after-tax income will be $500,731. The average book value of the manufacturing equipment that is used is $737,095. What is the accounting rate of return?

53.3%

71.4%

67.9%

42.3%

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Finance Basics: Accounting rate of return of stain corp
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