One of the Advantages of Using Net Book Value to Measure

Multiple Choice

One of the advantages of using net book value to measure invested capital is that:

A) it maintains consistency with the balance sheet prepared for external reporting purposes.
B) it allows comparison of return on investment with different companies.
C) the return on investment will increase steadily over time.
D) it maintains consistency with the balance sheet prepared for external reporting purposes AND it allows comparison of return on investment with different companies.