Examlex
Which of the following is not true about enterprise systems?
Accounting Rate of Return
A financial ratio that measures the return on investment from assets, indicating the efficiency of generating profits from its resources.
After-Tax Net Income
The amount of income that remains after all applicable taxes have been subtracted from the total revenue.
Initial Investment
The original sum of money used to start a business venture or investment.
Accounting Rate of Return
A financial ratio that measures the expected profitability of an investment, calculated as the average annual profit divided by the initial investment.
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