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the following relates to a proposed equipment purchase: initial investment $ 145,000 salvage value $ 4,500 estimated useful life 4 years annual net cash flows $ 46,600 annual depreciation expense $ 35,
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38 votes
38 votes
the following relates to a proposed equipment purchase: initial investment $ 145,000 salvage value $ 4,500 estimated useful life 4 years annual net cash flows $ 46,600 annual depreciation expense $ 35,125 the annual income amount used to calculate the accounting rate of return is:

User Mayank Tiwari
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6 votes
6 votes

Answer: $11,475

Step-by-step explanation:

User Charan Raju C R
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