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If Average Profit Before Depreciation Is $145 000,annual Depreciation Is

Question 19

Multiple Choice

If average profit before depreciation is $145 000,annual depreciation is $20 000 per annum for 5 years and investment at the start of the period is
$1 000 000 and at the end of the period is $200 000,the average rate of return is:


A) 7.5%
B) 0.75%
C) 12.5%
D) 20.8%

Correct Answer:

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