If an IT project costs $150,000 and returns net cash flows of $100,000 per year, what is
Question:
If an IT project costs $150,000 and returns net cash flows of $100,000 per year, what is the accounting rate of return?
a. 33 percent
b. 50 percent
c. 67 percent
d. 75 percent
e. None of these.
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The accounting rate of return ARR is calculated as the average annual ac...View the full answer
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Somshukla Chakraborty
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Related Book For 
Accounting Information Systems
ISBN: 9781266370373
4th Edition
Authors: Vernon Richardson, Chengyee Chang, Rod Smith
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