What is the average accounting return

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A project has an initial cost of $68,000 and a four-year life. The company uses straight-line depreciation to a book value of zero over the life of the project. The projected net income from the project is $2,700, $2,200, $2,600, and $4,500 a year for the next four years, respectively. What is the average accounting return?

Reference no: EM13731457

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