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Los Gatos Shop is considering the purchase of a used wide-format printer costing $9,600. The wide-format printer would generate a net cash inflow of $4,000 per year for three years. At the end of three years, the printer would have no salvage value. The company's cost of capital is 10 percent. The company uses straight-line depreciation with no mid-year convention. What is the accounting rate of return on the original investment in the press to the nearest percent, assuming no taxes are paid?
Digital Communication
The exchange of information through electronic means, including email, social media, and messaging apps.
Location-Based Apps
Applications that offer services or information relevant to the user's current geographical location.
Foursquare
A local search-and-discovery service mobile app which provides search results for its users.
Swarm
A large group of insects or other small organisms moving together, or metaphorically, a group of individuals focusing intensely on a particular activity or goal.
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