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Accounting Information Systems 1st Edition by Vernon Richardson,Chengyee Chang ,Rod Smith
Edition 1ISBN: 978-0078025495Accounting Information Systems 1st Edition by Vernon Richardson,Chengyee Chang ,Rod Smith
Edition 1ISBN: 978-0078025495 Exercise 20
If an IT project costs $150,000 and returns net cash flows of $100,000 per year, what is the accounting rate of return? a. 33%
B) 50%
C) 67%
D) 75%
E) None of the above
B) 50%
C) 67%
D) 75%
E) None of the above
Explanation
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It can also be termed as Average Rate of...
Accounting Information Systems 1st Edition by Vernon Richardson,Chengyee Chang ,Rod Smith
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