Gunslinger Company is considering the purchase of pipe cutting equipment. Data on the equipment are as follows: The company uses the straight-line method of depreciation with no mid-year convention.
What is the accounting rate of return on original investment rounded to the nearest percent, assuming no taxes are paid?

Question

Gunslinger Company is considering the purchase of pipe cutting equipment. Data on the equipment are as follows:  The company uses the straight-line method of depreciation with no mid-year convention.
What is the accounting rate of return on original investment rounded to the nearest percent, assuming no taxes are paid?

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The Answer of Gunslinger Company is considering the purchase of pipe cutting equipment. Data on the equipment are as follows:  The company uses the straight-line method of depreciation with no mid-year convention.
What is the accounting rate of return on original investment rounded to the nearest percent, assuming no taxes are paid?

Gunslinger Company Is Considering the Purchase of Pipe Cutting Equipment