A company buys a machine for $79,000 that has an expected life of 4 years and no salvage value. The company uses straight-line depreciation. The company anticipates a yearly net income of $3800 after taxes of 16%, with the cash flows to be received evenly throughout each year. What is the accounting rate of return
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Home » Business » A company buys a machine for $79,000 that has an expected life of 4 years and no salvage value. The company uses straight-line depreciation.