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Net book value of assets produces a misleading increase in return on investment because ______________. a. investment centres with old assets will show a higher
Net book value of assets produces a misleading increase in return on investment because ______________.
a. | investment centres with old assets will show a higher return on investment than centres with new assets | |
b. | investment centres with old assets will show a lower return on investment than investment centres with new assets | |
c. | investment centres with old assets will show an equal return on investment centres with new assets | |
d. | book value reflects changing market values | |
e. | None of the answers. |
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