Question: Average accounting return (AAR) is normally defined as: O O EBIT / Average book value of project's assets O Average ROE over the last 10

Average accounting return (AAR) is normally defined as: O O EBIT / Average book value of project's assets O Average ROE over the last 10 years Net Income / Total Equity O Net Income / Total Assets O Average accounting profit / Average book value of project's assets

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