Multiple Choice
Martin is analyzing a project and has gathered the following data. Based on this data, what is the average accounting rate of return? The firm depreciates its assets using straight-line depreciation to
A zero book value over the life of the asset. 
A) 13.08 percent
B) 15.77 percent
C) 21.83 percent
D) 26.17 percent
E) 31.54 percent
Correct Answer:
Verified
Correct Answer:
Verified
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