Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Step 1: Introduction to Accounting rate of return or Average rate of return:
VIEW Step 2: Calculate the annual depreciation as follows:
VIEW Step 3: Calculate the annual income as follows:
VIEW Step 4: i. Calculate the Accounting rate of return as follows:
VIEW Step 5: ii. Decision Making:
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