The manager of your company states that in evaluating capital expenditure proposals, it does not matter whether
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The manager of your company states that in evaluating capital expenditure proposals, it does not matter whether one uses the accounting rate of return, the payback period, or the time-adjusted rate of return methods because the ranking of the proposals will always be the same. Is he correct? Explain.
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Related Book For 
Cost Accounting Principles And Applications
ISBN: 9780028034287
6th Edition
Authors: Horace R. Brock, Linda Herrington
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