Determine the company after-tax accounting rate of return

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Question - San Marco has a $4,009,000 asset investment and is subject to a 30% income tax rate. Cash inflows related to the investment are expected to average $609,000 before tax over the next few years; in contrast, average income before tax is anticipated to be $511,000. Determine the company's after-tax accounting rate of return?

Reference no: EM133165627

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