re trying to determine whether or not to expand your business by building a new manufacturi Show more Youre trying to determine whether or not to expand your business by building a new manufacturing plant. The plant has an installation cost of $20.2 million which will be depreciated straight-line to zero over its four-year life. Required: If the plant has projected net income of $1895000 $2185000 $2114000 and $1366000 over these four years what is the projects average accounting return (AAR)? (Do not include the percent sign (%).Enter rounded answer as directed but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g. 32.16).) Average accounting return % Show less
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