Question
One of the disadvantages of return on investment is that it takes into account the required rate of return it focuses only on long-term performance
One of the disadvantages of return on investment is that
it takes into account the required rate of return
it focuses only on long-term performance
it focuses on profit only and disregards the cost of the assets
it does not enable comparison of investment centres of different sizes
it may encourage managers to defer asset replacement
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Fundamentals Of Advanced Accounting
Authors: Joe Hoyle
4th Edition
78136636, 978-0078136634
