Solved

What Is in the Denominator (Bottom Part) of the Formula

Question 6

Multiple Choice

What is in the denominator (bottom part) of the formula for Accounting Rate of Return?


A) (Project cost + salvage value) / number of project years
B) (Project cost - salvage value) / number of project years
C) (Project cost + salvage value) / 2
D) (Project cost - salvage value) /2

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents