Why is return on assets (net income/total assets) generally smaller under current cost accounting than under historical

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Why is return on assets (net income/total assets) generally smaller under current cost accounting than under historical cost accounting?

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International Accounting

ISBN: 978-0077862206

4th edition

Authors: Timothy Doupnik, Hector Perera

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Question Posted: Sep 21, 2024 08:02 AM

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Why is return on assets (net income/total assets) generally smaller under current cost accounting than under historical cost accounting?
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Why is return on assets (net income/total assets) generally smaller under current cost accounting than under historical

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Current costaccounting generally results in a larg...View the full answer

International Accounting

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