Figure 13-1
A project requires an investment of £90,000 in equipment. Annual cash inflows of £15,000 are expected to occur for the next ten years. No salvage value is expected.
-Refer to Figure 13-1. Using the initial capital investment, the accounting rate of return for the project would be

Question

Quizplus · Accepted Answer

The Answer of Figure 13-1
A project requires an investment of £90,000 in equipment. Annual cash inflows of £15,000 are expected to occur for the next ten years. No salvage value is expected.
-Refer to Figure 13-1. Using the initial capital investment, the accounting rate of return for the project would be

Figure 13-1 A Project Requires an Investment of £90,000 in Equipment. Annual