Which of the following is true regarding capital rationing decisions? a. Companies should always choose the investment

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Which of the following is true regarding capital rationing decisions?

a. Companies should always choose the investment with the shortest pay¬ back period.

b. Companies should always choose the investment with the highest NPV.

c. Companies should always choose the investment with the highest ARR.

d. None of the above.

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Managerial Accounting

ISBN: 9780138129712

1st Edition

Authors: Linda Smith Bamber, Karen Wilken Braun, Jr. Harrison, Walter T.

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