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The equipment has a 5-year life and an estimated salvage

A company projects annual cash inflows of $90,000 each year for the next 5 years if it invests $450,000 in new equipment. The equipment has a 5-year life and an estimated salvage value of $150,000. What is the accounting rate of return on this investment?

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Accounting Basics: The equipment has a 5-year life and an estimated salvage

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Accounting Basics: The equipment has a 5-year life and an estimated salvage

Reference No:- TGS02592419

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