Taylor Manufacturing purchased a new machine for $100,000. The machine will last ten years and is to be depreciated by the straight-line method.
Taylor Manufacturing purchased a new machine for $100,000. The machine will last ten years and is to be
depreciated by the straight-line method. The estimated salvage value of the machine is zero. The machine should generate a yearly cash inflow of $25,000. What is the accounting rate of return on this investment ignoring income taxes?