Future Inc., is in the enviable situation of having unlimited capital funds. The best decision rule, in
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Future Inc., is in the enviable situation of having unlimited capital funds. The best decision rule, in an economic sense, for it to follow would be to invest in all projects in which : pg58 The accounting rate of return is greater than the earnings as a percent of sales.
The payback reciprocal is greater than the internal rate of return.
The internal rate of return is greater than zero.
The net present value is greater than zero.
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Related Book For 
Cost Accounting Concepts And Applications For Managerial Decision Making
ISBN: 9780070103108
2nd Edition
Authors: Ralph S. Polimeni, James A. Cashin, Frank J. Fabozzi, Arthur H. Adelberg
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