Question

accounting rate of return is based on​

Answer 1

here's your answer ⭐

The ARR formula divides an asset's average revenue by the company's initial investment to derive the ratio or return that one may expect over the lifetime of the asset, or related project. ARR does not consider the time value of money or cash flows, which can be an integral part of maintaining a business.

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Answer 2

Answer:

it is based on assets average revenue