Briefly explain why the average rate of return on investment method is better than the payback method
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Briefly explain why the average rate of return on investment method is better than the payback method in judging whether a capital expenditure proposal is acceptable. Does your answer mean that the average rate of return on investment method is a good method for making capital investment decisions? lop5
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Related Book For
Accounting Information For Business Decisions
ISBN: 9780030224294
1st Edition
Authors: Billie Cunningham, Loren A. Nikolai, John Bazley
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