Required information The following information applies to the questions displayed below) Peng Company is considering an

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Required Information The Following Information Applies To The Questions Displayed Below Peng Company Is Considering An 1 (19.44 KiB) Viewed 78 times

Required information The following information applies to the questions displayed below) Peng Company is considering an investment expected to generate an average net income after taxes of $2,800 for three years. The investment costs $49,500 and has an estimated $9,600 salvage value. Compute the accounting rate of return for this investment; assume the company uses straight-line depreciation Choose Numerator Accounting Rate of Return Choose Denominator Accounting Rate of Retum Accounting rate of return