A Project That Required a $420,000 Investment Generated No Net

question 35

Multiple Choice

A project that required a $420,000 investment generated no net income in the first year of its operations, net income of $86,000 in the second year, and net income of $100,000 in the third year. How much is the accounting rate of return for this investment?

• A) 88.6%
• B) 44.3%
• C) 14.8%
• D) 29.5%

---

Definitions:

Health-Care Costs

Expenses related to maintaining and improving personal health, including medical services, medications, and hospital care.

Air Pollution

The release of pollutants into the air that are detrimental to human health and the planet's ecosystems.

Urbanization

refers to the process by which towns and cities grow as populations move from rural to urban areas, often in search of better economic opportunities.

Triple Bottom Line

A company’s balance sheet according to profit, people, and the planet.