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FINANCE FIN 226 Introduction to Finance 10 Chapter 8 Homework 2. value: 4.16 points Question 2 (of 6) > instructions help Save & Exit Submit You're trying to determine whether or not to expand your business by building a new manufacturing plant. The plant has an installation cost of $22.2 million, which will be depreciated straight-line to zero over its four- year life. If the plant has projected net income of $1,995,000, $2,235,000, $2,214,000, and $1,416,000 over these four years, what is the project's average accounting return (AAR)? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Avergae accounting return %

          FINANCE
FIN 226 Introduction to Finance 10
Chapter 8 Homework
2.
value:
4.16 points
Question 2 (of 6)
>
instructions help
Save & Exit Submit
You're trying to determine whether or not to expand your business by building a new manufacturing plant. The plant has an installation cost of $22.2 million, which will be depreciated straight-line to zero over its four-
year life.
If the plant has projected net income of $1,995,000, $2,235,000, $2,214,000, and $1,416,000 over these four years, what is the project's average accounting return (AAR)? (Do not round intermediate calculations
and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Avergae accounting return
%

FINANCE
FIN 226 Introduction to Finance 10
Chapter 8 Homework
2.
value:
4.16 points
Question 2 (of 6)
>
instructions help
Save Exit Submit
You're trying to determine whether or not to expand your business by building a new manufacturing plant. The plant has an installation cost of 22.2 million, which will be depreciated straight-line to zero over its four-
year life.
If the plant has projected net income of1,995,000, 2,235,000,2,214,000, and 1,416,000 over these four years, what is the project's average accounting return (AAR)? (Do not round intermediate calculations
and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Avergae accounting return
%

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