A rate used to evaluate the acceptability of an investment?

A rate used to evaluate the acceptability of an investment, and which equals the after-tax-periodic income divided by the average investment in the asset, is the:
A. Cost-volume-profit rate.
B. Marginal tax rate.
C. Rate of return on average investment.
D. Earnings from investment.
E. Profit rate.

C - The rate of return on average investment.

ROI return on investment

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