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You Are Considering an Equipment Purchase Costing $167,000

Question 44

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You are considering an equipment purchase costing $167,000.This equipment will be depreciated straight-line to zero over its three-year life.What is the average accounting return if this equipment produces the following net income? You are considering an equipment purchase costing $167,000.This equipment will be depreciated straight-line to zero over its three-year life.What is the average accounting return if this equipment produces the following net income? A) 18.29 percent B) 18.38 percent C) 15.67 percent D) 17.29 percent E) 16.67 percent


A) 18.29 percent
B) 18.38 percent
C) 15.67 percent
D) 17.29 percent
E) 16.67 percent

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