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The accounting rate of return is measured as follows: a) Average annual profit expressed as a percentage of the total funds invested in the project.
The accounting rate of return is measured as follows:
a)Average annual profit expressed as a percentage of the total funds invested in the project.b)Average annual profit expressed as a percentage of the average funds invested in the project.
c)Total profits expressed as a percentage of the average funds invested in the project.
d)Total profits expressed as a percentage of the total funds invested in the project.
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Cost Management
Authors: Don R Hansen, Maryanne M Mowen, Dan L Heitger
5th Edition
357141091, 978-0357141090
