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capital bugeting

This query is : Resolved 
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(Querist)
04 September 2008 while calculating the average rate of return,
which method is correct for the calculation of average investment from the following:-
1. (investment-scrap)/2
or
2. (investment-scrap)/2 +scrap
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
18 October 2008 Sl. No.1

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