Solution-What is the accounting rate of return on the

What is the accounting rate of return on the investment

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Reference no: EM132516868

Lifetime Equipment Company buys a piece of equipment for $36,442 that will last for 7 years. The equipment will generate cash flows of $7,000 per year and will have no salvage value at the end of its life. Ignore taxes unless told to include them.

Question 1: What is the accounting rate of return on the investment ?

Reference no: EM132516868

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What is the accounting rate of return on the investment : What is the accounting rate of return on the investment? Lifetime Equipment Company buys a piece of equipment for $36,442 that will last for 7 years.

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What is the accounting rate of return on the investment

Reference no: EM132516868

Reference no: EM132516868

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