Assume you are given the following information regarding a, Accounting Basics

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Assume you are given the following information regarding a

Question: Assume you are given the following information regarding a point-of-sale computer terminal: The net annual savings was calculated to be $1,400 on an average investment cost of $5,620. What is the accounting rate of return (ARR) on the terminal?

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Accounting Basics: Assume you are given the following information regarding a

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