The following data concerns a proposed equipment purchase: The annual average investment amount used to calculate the accounting rate of return is:
A)$72,000
B)$70,000
C)$37,000
D)$74,000
E)$48,950

Question

The following data concerns a proposed equipment purchase:  The annual average investment amount used to calculate the accounting rate of return is:
A)$72,000 
B)$70,000 
C)$37,000 
D)$74,000 
E)$48,950

Quizplus · Accepted Answer

The Answer of The following data concerns a proposed equipment purchase:  The annual average investment amount used to calculate the accounting rate of return is:
A)$72,000 
B)$70,000 
C)$37,000 
D)$74,000 
E)$48,950

The Following Data Concerns a Proposed Equipment Purchase: the Annual