Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 16 Feb 2018 My Price 3.00

Waitangi Group

Average Accounting Return The Waitangi Group has invested $18,000 in a high-tech project lasting three years. Depreciation is $5,300, $7,800, and $4,900 in years 1, 2, and 3, respectively. The project generates pretax income of $2,260 each year. The pretax income already includes the depreciation expense. If the tax rate is 25 percent, what is the project’s average accounting return (AAR)?

 

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Maurice Tutor
(5)
Status NEW Posted 16 Feb 2018 11:02 PM My Price 3.00

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