A Project Produces Annual Net Income of $9,500,$12,500,and $15,500 Over

question 26

Multiple Choice

A project produces annual net income of $9,500,$12,500,and $15,500 over its 3-year life.The initial cost of the project is $210,000.This cost is depreciated straightline to a zero book value over three years.What is the average accounting rate of return if the required discount rate is 12.25 percent?

• A)14.80%
• B)14.32%
• C)23.49%
• D)11.90%
• E)17.62%

Calculate the earnings or fees based on a combination of fixed amounts, per unit amounts, and percentages.

Calculate original prices before a mark-up or margin.

Calculate expected outcomes given a percentage rate.

Understand the influence of Piaget's cognitive development theory in educational practices.