Managerial Accounting + Connect Access Card
Managerial Accounting + Connect Access Card
7th Edition
ISBN: 9781260581263
Author: John Wild
Publisher: McGraw-Hill College
Question
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Chapter 11, Problem 7QS
To determine

Accounting rate of return:

Accounting rate of return is a type of capital budgeting technique which is based on accounting principle of return on investment. It is the annualized net income received on the average number of funds invested in a project.

The accounting rate of return for the investment.

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Chapter 11 Solutions

Managerial Accounting + Connect Access Card

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