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Which one of the following is calculated by dividing average annual net operating income of a proposed project by the average investment associated with the
Which one of the following is calculated by dividing average annual net operating income of a proposed project by the average investment associated with the project?
Multiple Choice
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Profitability index (PI).
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Payback period.
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Accounting (book) rate of return (ARR).
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Internal rate of return (IRR).
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Net present value (NPV).
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