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In computing the return on average investment of a particular asset, the asset's annual depreciation expense may be viewed as: A) An increase in the
In computing the return on average investment of a particular asset, the asset's annual depreciation expense may be viewed as: A) An increase in the average amount invested over the life of the asset. B) An increase in the asset's carrying value each year. C) A recovery of the amount originally invested in the asset. D) A decrease in the asset's net cash flows.
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