MCQOPTIONS
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MCQOPTIONS
| 1. |
Accounting rate of return is the ratio of average value of |
| A. | profit after tax to salvage value of the investment. |
| B. | profit before tax to present value of the investment. |
| C. | profit after tax to book value of the investment. |
| D. | profit after tax to present value of the investment. |
| Answer» D. profit after tax to present value of the investment. | |