question archive A project has an initial outlay of $1 million and generates net receipts of $250,000 for 10 years

A project has an initial outlay of $1 million and generates net receipts of $250,000 for 10 years

Subject:AccountingPrice: Bought3

A project has an initial outlay of $1 million and generates net receipts of $250,000 for 10 years. Assuming straight-line depreciation of $100,000 per year; compute the Accounting rate of return.

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