Which one of the following correctly defines the average, Financial Management

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Which one of the following correctly defines the average

Which one of the following correctly defines the average accounting return?

a. average cash flow divided by average book value

b. average book value divided by average cash flow

c. average book value divided by average market value

d. average book value divided by average net income

e. average net income divided by average book value

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Financial Management: Which one of the following correctly defines the average

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Financial Management: Which one of the following correctly defines the average

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