A Project Produces Annual Net Income of $46,200,$51,800,and $62,900 Over

question 20

Multiple Choice

A project produces annual net income of $46,200,$51,800,and $62,900 over its 3-year life,respectively.The initial cost of the project is $675,000.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 14.5 percent?

• A)15.89 percent
• B)16.67 percent
• C)18.98 percent
• D)20.25 percent
• E)23.84 percent

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Definitions:

Nutritional Status

An assessment of the adequacy of nutrition and the body’s ability to absorb and utilize nutrients.

Osteomalacia

A softening of the bones due to vitamin D deficiency or impaired metabolism, leading to increased susceptibility to fractures.

Nutritional Status

An assessment of the body's health in terms of nutrient levels, diet, and physical health indicators, used to identify potential deficiencies or imbalances.

Widow

An individual whose spouse has died and who has not remarried.