Martin is analyzing a project and has gathered the following data. Based on this data, what is the average accounting rate of return? The firm depreciates its assets using straight-line depreciation to a zero book value over the life of the asset.
A) 13.08 %
B) 15.77 %
C) 21.83 %
D) 26.17 %
E) 31.54 %

Question

Martin is analyzing a project and has gathered the following data. Based on this data, what is the average accounting rate of return? The firm depreciates its assets using straight-line depreciation to a zero book value over the life of the asset. 
A) 13.08 % 
B) 15.77 % 
C) 21.83 % 
D) 26.17 % 
E) 31.54 %

Quizplus · Accepted Answer

The Answer of Martin is analyzing a project and has gathered the following data. Based on this data, what is the average accounting rate of return? The firm depreciates its assets using straight-line depreciation to a zero book value over the life of the asset. 
A) 13.08 % 
B) 15.77 % 
C) 21.83 % 
D) 26.17 % 
E) 31.54 %

Martin Is Analyzing a Project and Has Gathered the Following