271,039 views
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
by
3.0k points

1 Answer

6 votes
6 votes

Answer: $11,475

Step-by-step explanation:

User Charan Raju C R
by
3.2k points