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  3. Study Set
    Principles of Accounting Study Set 1
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    Exam 25: Short-Run Decision Analysis and Capital Budgeting
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    When Two or More Capital Investment Proposals Are Being Evaluated
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When Two or More Capital Investment Proposals Are Being Evaluated

Question 97

Question 97

True/False

When two or more capital investment proposals are being evaluated using the accounting rate-of-return method,the proposal that yields the lowest ratio of net income to average cost of investment is selected.

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