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From the Franklin Lumber Case 21 ( Capital Budgeting Procedures ) the AARR in the example is calculated using the average net income /average book
From the Franklin Lumber Case 21 ( Capital Budgeting Procedures ) the AARR in the example is calculated using the average net income /average book value of the asset in the solution the ARR is calculated using net profit/net investment , i cant figure how are you getting the result that is showed. could you elaborate
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