Assume you are given the following information regarding a pointof- sale computer terminal: The net annual saving
Question:
Assume you are given the following information regarding a pointof-
sale computer terminal: The net annual saving was calculated to be
$2,000 on an average investment cost of $4,500. What is the accounting rate of return (ARR) on the terminal?
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Related Book For
Hospitality Management Accounting
ISBN: 9780471092223
8th Edition
Authors: Martin G Jagels, Michael M Coltman
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