Question
A disadvantage of the accounting rate of return model is ________. A: it ignores the time value of money B: it focuses on cash flows
A disadvantage of the accounting rate of return model is ________.
A: it ignores the time value of money
B: it focuses on cash flows
C: it is inconsistent with accrual accounting
D: it is not based on the familiar financial statements
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Core Concepts Financial Analysis
Authors: Gary Giroux
1st Edition
047146712X, 9780471467120
