Using historical costs of assets in the ROI denominator is a mismatch with current revenues and costs

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Using historical costs of assets in the ROI denominator is a mismatch with current revenues and costs in the numerator. This problem may be corrected by using current costs in the denominator. No changes need be made to the numerator. How do you feel about this suggestion?

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Cost Accounting

ISBN: 9780256257113

4th Edition

Authors: Michael W. Maher, Edward B. Deakin

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