FUNDAMENTAL ACCT PRIN CONNECT ACCESS
FUNDAMENTAL ACCT PRIN CONNECT ACCESS
24th Edition
ISBN: 9781266494604
Author: Wild
Publisher: MCG
Question
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Chapter 26, Problem 7QS
To determine

Introduction:

Accounting rate of return means average return on the initial investment. In other words, accounting rate of return is a ratio that shows relationship between accounting income and average investment.

To calculate:

Investment's accounting rate of return.

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