Hayolom is analyzing a project and has gathered the following data. The firm depreciates its assets using straight-line depreciation to a zero book value over the life of the asset. What is the project's average accounting rate of return?
A) 6.02 %
B) 6.41 %
C) 7.21 %
D) 8.34 %
E) 8.54 %

Question

Hayolom is analyzing a project and has gathered the following data. The firm depreciates its assets using straight-line depreciation to a zero book value over the life of the asset. What is the project's average accounting rate of return? 
A) 6.02 % 
B) 6.41 % 
C) 7.21 % 
D) 8.34 % 
E) 8.54 %

Quizplus · Accepted Answer

The Answer of Hayolom is analyzing a project and has gathered the following data. The firm depreciates its assets using straight-line depreciation to a zero book value over the life of the asset. What is the project's average accounting rate of return? 
A) 6.02 % 
B) 6.41 % 
C) 7.21 % 
D) 8.34 % 
E) 8.54 %

Hayolom Is Analyzing a Project and Has Gathered the Following