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Which of the following statements with respect to the calculation of ROl is correct? The use of the net book value approach to calculating ROl
Which of the following statements with respect to the calculation of ROl is correct? The use of the net book value approach to calculating ROl does not discourage the replacement of old, walmout equipment.The gross cost method is consistent with the way plant and equipment are reported on the balance sheet.When the net book value approach is taken to calculate ROI, a division?s ROl will, all things being equal, decrease over time.When the net book value approach is taken to calculate ROl, a division?s ROl will, all things being equal, increase over time.None of theseQuestion points
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