A Project Produces Annual Net Income of $14,600, $18,700, and $23,500

question 266

Multiple Choice

A project produces annual net income of $14,600, $18,700, and $23,500 over three years, respectively. The initial cost of the project is $310,800. This cost is depreciated straight-line to a
Zero book value over three years. What is the average accounting rate of return if the required
Discount rate is 9 percent?

• A) 12.18 percent
• B) 14.29 percent
• C) 15.63 percent
• D) 17.67 percent
• E) 18.28 percent

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Definitions:

Neurobehavioral Perspective

A viewpoint in psychology focusing on the relationship between the brain's behavior and cognitive functions.

Relapse Models

Theoretical frameworks used to understand the process and risk factors leading to a relapse in individuals recovering from addiction or psychiatric conditions.

AVE (Abstinence Violation Effect)

A psychological phenomenon in which a person experiencing a relapse into substance use feels a sense of failure and helplessness, potentially exacerbating the relapse.

Marlatt

Refers to G. Alan Marlatt, a psychologist known for his work on relapse prevention in the context of addiction and behavior change.