You are looking at an investment which has an initial cost of $400,000 and a salvage value of zero after five years. What is the average accounting return for this investment given the following annual net incomes:
A) 1%
B) 36%
C) 44%
D) 48%
E) 55%

Question

You are looking at an investment which has an initial cost of $400,000 and a salvage value of zero after five years. What is the average accounting return for this investment given the following annual net incomes: 
A) 1% 
B) 36% 
C) 44% 
D) 48% 
E) 55%

Quizplus · Accepted Answer

The Answer of You are looking at an investment which has an initial cost of $400,000 and a salvage value of zero after five years. What is the average accounting return for this investment given the following annual net incomes: 
A) 1% 
B) 36% 
C) 44% 
D) 48% 
E) 55%

You Are Looking at an Investment Which Has an Initial