
-Colin is analyzing a project and has gathered the following data.Based on this data,what is the average accounting rate of return? The project's assets will be depreciated using straight-line depreciation to a zero book value over the life of the project. 
A) 6.94 percent
B) 13.88 percent
C) 15.66 percent
D) 27.75 percent
E) 31.31 percent
Correct Answer:
Verified
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