Colin is analyzing a project and has gathered the following data. Based on this data, what is the average accounting rate of return? The project's assets will be depreciated using straight-line depreciation to a zero book value over the life of the project.
A)6.94 percent
B)13.88 percent
C)15.66 percent
D)27.75 percent
E)31.31 percent

Question

Colin is analyzing a project and has gathered the following data. Based on this data, what is the average accounting rate of return? The project's assets will be depreciated using straight-line depreciation to a zero book value over the life of the project. 
A)6.94 percent 
B)13.88 percent 
C)15.66 percent 
D)27.75 percent 
E)31.31 percent

Quizplus · Accepted Answer

The Answer of Colin is analyzing a project and has gathered the following data. Based on this data, what is the average accounting rate of return? The project's assets will be depreciated using straight-line depreciation to a zero book value over the life of the project. 
A)6.94 percent 
B)13.88 percent 
C)15.66 percent 
D)27.75 percent 
E)31.31 percent

Colin Is Analyzing a Project and Has Gathered the Following