ABC Corporation, which is subject to a 30% income tax rate, is considering a P1,050,000 asset that will result in the following over its seven-year
ABC Corporation, which is subject to a 30% income tax rate, is considering a P1,050,000 asset that will result in the following over its seven-year life: Total revenue: P1,190,000; Total operating expenses (excluding depreciation): P770,000; To otal depreciation: P150,000. The accounting rate of return on the initial investment is:
what is the accounting rate of return on the initial investment ?
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Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
1st edition
978-0133251579, 133251578, 013216230X, 978-0134102313, 134102312, 978-0132162302
