The formula for calculating the accounting rate of return for a capital asset is
A) average annual operating income from asset/amount invested in asset.
B) average annual net cash inflow from asset/amount invested in asset.
C) (average annual operating income + depreciation expense)/amount invested in asset.
D) (average annual cash inflows - depreciation expense)/(amount invested in asset + residual value of asset).
A
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Felix Company has just completed operations for the year ended December 31, 2016. This is the second year of operations for the company. The following data have been assembled for the business
Accounts Payable $ 12,200 Office Expense $ 6,500 Accounts Receivable 14,500 Rent Expense 9,600 Cash 8,200 Retained Earnings, Jan. 1, 2016 8,300 Common Stock 9,000 Salaries Expense 36,000 Dividends 13,500 Service Revenue 84,000 Equipment 15,000 Utilities Expense 6,200 Insurance Expense 4,000 Prepare the balance sheet. Use a proper heading. What will be an ideal response
Product-market stakeholders include all of the following except ________
A) shareholders B) distributors C) suppliers D) customers