The average accounting return is calculated as Blank______. Multiple choice question. an investment's total net income divided by its average book value an investment's average net income divided by its average book value an investment's average net income divided by its average market value an investment's total net income divided by its average market value

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity
Section: Chapter Questions
Problem 29GI
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The average accounting return is calculated as Blank______.

Multiple choice question.

an investment's total net income divided by its average book value

an investment's average net income divided by its average book value

an investment's average net income divided by its average market value

an investment's total net income divided by its average market value

 

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