O Required information [The following information applies to the questions displayed below.) Peng Company is considering

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O Required Information The Following Information Applies To The Questions Displayed Below Peng Company Is Considering 1 (18.69 KiB) Viewed 59 times

O 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 Accounting Rote of Retur Choose Denominator: Choose Numerator: 1 Accounting Rate of Return Accounting rate of return 이