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 payback 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 statements is always true.

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Managerial Accounting

ISBN: 12

2nd Edition

Authors: Karen Braun, Linda S Bamber

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