Acompany buys a machine for $64,000 that has an expected life of 5 years and no salvage value. the company anticipates a yearly net income of $3,050 after taxes of 38%, with the cash flows to be received evenly throughout each year. what is the accounting rate of return?
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Acompany buys a machine for $64,000 that has an expected life of 5 years and no salvage value. the c...
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