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 percent
B) 6.41 percent
C) 7.21 percent
D) 8.34 percent
E) 8.54 percent

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 percent 
B) 6.41 percent 
C) 7.21 percent 
D) 8.34 percent 
E) 8.54 percent

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 percent 
B) 6.41 percent 
C) 7.21 percent 
D) 8.34 percent 
E) 8.54 percent

Hayolom Is Analyzing a Project and Has Gathered the Following