A company is evaluating three possible investments.Each uses the straight-line method of depreciation.Following information is provided by the company:
What is the accounting rate of return for Project B? (Round your answer to two decimal places. )
Definitions:
Late Adopters
Individuals or groups who are among the last to use or accept new products, technologies, or ideas, often due to skepticism or resistance to change.
Favourable Attitudes
Refers to positive predispositions or feelings towards people, objects, or concepts.
Socially Active
The state or condition of being engaged and active in social contexts, including participating in group activities or contributing to community and social networks.
Higher Education
Post-secondary education provided by universities and colleges, offering a range of academic and professional degrees.
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