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    Managerial Accounting Study Set 24
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    Exam 10: Capital Budgeting
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    In Calculating ROI, the Return on Investment Is Based on the
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In Calculating ROI, the Return on Investment Is Based on the

Question 58

Question 58

Multiple Choice

In calculating ROI, the return on investment is based on the


A) book value of operating assets.
B) fair market value of operating assets.
C) historical cost of operating assets.
D) cost in terms of the value at year end.

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