Ask Question
20 October, 08:54

The expected average rate of return for a proposed investment of $800,000 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total net income of $360,000 for the 4 years, is

+3
Answers (1)
  1. 20 October, 11:30
    0
    Average rate=net income/investment

    r=360,000:800,000

    =0.45

    divide by 4

    0.45:4=0.113*100=11.3%
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The expected average rate of return for a proposed investment of $800,000 in a fixed asset with a useful life of 4 years, straight-line ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers