Answer Happy

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 Rate of Return 1 Choose Denominator: Accounting Rate of Retur Annual after-tax net incomo Annual average investment Accounting rate of return 49,500 26.87 % Choose Numerator: YS