Cary Swenson Is Considering Investing $30,000 in a Project with the Following

question 78

Multiple Choice

Cary Swenson is considering investing $30,000 in a project with the following cash revenues and expenses:
$\begin{array}{lll}&&\text { Cash Expenses \& }\\&\text { Revenues }&\text { Depreciation }\\\text { Year 1 } & \$ 10,000 & \$ 12,000 \\\text { Year 2 } & \$ 12,000 & \$ 11,000 \\\text { Year 3 } & \$ 15,000 & \$ 12,000 \\\text { Year 4 } & \$ 20,000 & \$ 12,000 \\\text { Year 5 } & \$ 22,000 & \$ 12,000 \\\text { Year 6 } & \$ 25,000 & \$ 15,000 \\\text { Year 7 } & \$ 25,000 & \$ 15,000 \\\text { Year 8 } & \$ 25,000 & \$ 15,000\end{array}$
-Refer to the Figure.What is the accounting rate of return for the project?

• A)20.00%
• B)20.83%
• C)64.17%
• D)166.70%

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Definitions:

De Facto

Something that exists in fact or in reality, even if not officially recognized or legalized.

De Jure

De jure refers to practices, conditions, or statuses that are recognized and enforced by law, as opposed to those existing only in fact (de facto).

Segregation

Refers to the enforced separation of different racial or social groups within a society.

Time

A resource and a critical factor in social work practice, involving the duration of interventions, sessions, or the overall length of service provision.