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An investment of P600,000 provides an average net cash flows of P38,400 with no salvage value. Depreciation is P4,200 per year. The accounting rate of
An investment of P600,000 provides an average net cash flows of P38,400 with no salvage value. Depreciation is P4,200 per year. The accounting rate of return using the original investment is:
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Financial Accounting
Authors: Warren, Reeve, Duchac
12th Edition
1133952410, 9781133952411, 978-1133952428
