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Other Fields Homework Help Accounting Topic started by: Deprecated on Sep 21, 2016



Title: Flint Systems is considering investing in production-management software that costs $630,000, has ...
Post by: Deprecated on Sep 21, 2016
Flint Systems is considering investing in production-management software that costs $630,000, has $67,000 residual value, and leads to cost savings of $1,650,000 per year over its five-year life. Calculate the average amount invested in the asset that should be used for calculating the accounting rate of return.
A) $67,000
B) $348,500
C) $630,000
D) $697,000


Title: Re: Flint Systems is considering investing in production-management software that costs $630,000, ...
Post by: Tanks on Sep 21, 2016
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Title: Re: Flint Systems is considering investing in production-management software that costs $630,000, has ...
Post by: Deprecated on Oct 12, 2016
Makes perfect sense, thx