Exercise 24-7 Accounting rate of return LO P2
A
machine costs $700,000 and is expected to yield an after-tax net income
of $52,000 each year. Management predicts this machine has a 10-year
service life and a $100,000 salvage value, and it uses straight-line
depreciation. Compute this machine’s accounting rate of return.
|
howdy, your websites are really good. I appreciate your work. Virtual Office
ReplyDelete