An investment of $4,000 provides an average net cash flow of $960 with zero salvage value. Depreciation is $80 per year. What is the accounting rate of return using the original investment?
A) 20%
B) 22%
C) 24%
D) 40%
Correct Answer:
Verified
Q58: In what way does the payback period
Q59: What is the most widely used non-discounting
Q60: Sarah Lindsay invested $300,000 in a project
Q61: Martin Brother
Martin Brother is considering investing
Q62: Which of the following best reflects the
Q64: Randy Ritchie
Randy Ritchie is considering investing
Q65: Jerry Costansa has just invested $280,000 in
Q66: Eagle Investments
Eagle Investments is considering two
Q67: Falcons Investments
Falcons Investments is considering two
Q68: Henkle Company is considering a project with
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents