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Accounting Information Systems 8th Edition by James Hall
Edition 8ISBN: 978-1111972141Accounting Information Systems 8th Edition by James Hall
Edition 8ISBN: 978-1111972141 Exercise 15
What name is given to the time value of money technique that discounts the after-tax cash flows for a project over its life to time period zero using the company's minimum desired rate of return?
A) net present value method
B) capital rationing method
C) payback method
D) average rate of return method
E) accounting rate of return method
A) net present value method
B) capital rationing method
C) payback method
D) average rate of return method
E) accounting rate of return method
Explanation
Verified
Verified
Hence, the option (b) is incorrect.
The ...
Accounting Information Systems 8th Edition by James Hall
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