In general,calculating ROI based on the gross book value of assets gives managers an incentive to continue using old,outdated equipment.

Name: In general,calculating ROI based on the gross book value of assets gives managers an incentive to continue using old,outdated equipment.
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In general, calculating ROI based on the net book value of assets gives managers an incentive to continue using old, outdated equipment because its low net book value results in a higher ROI.

In General,calculating ROI Based on the Gross Book Value of Assets