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phoebe.lou phoebe.lou
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A month ago
Which of the following is the formula for the accounting rate of return?

▸ Net initial investment ÷ Present value of future cash flows

▸ Net initial investment ÷ Annual cash flow

▸ Present value of future cash flows ÷ Net initial investment

▸ (Project revenue - Project operating expenses) ÷ (Initial investment - salvage of old asset)
Textbook 

Managerial Accounting


Edition: 4th
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dreamnluvdreamnluv
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A month ago
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(Project revenue - Project operating expenses) ÷ (Initial investment - salvage of old asset)

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phoebe.lou Author
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Correct Slight Smile TY
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