Calculate the average accounting rate of return (AARR) for an investment with the following data. Data Year
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Question:
Calculate the average accounting rate of return (AARR) for an investment with the following data.
Data- Year: Initial investment, Average annual profit
- Amount: -200000, 30000
- Average Accounting Rate of Return
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
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