The capital budgeting technique known as accounting rate of return uses
Revenue over life of project / Depreciation expense.
a. No / Yes
b. No / No
c. Yes / No
d. Yes / Yes
Answer: d
The capital budgeting technique known as accounting rate of return uses
Revenue over life of project / Depreciation expense.
a. No / Yes
b. No / No
c. Yes / No
d. Yes / Yes
Answer: d