Question
After-tax net income divided by the average amount invested in a project, is the: A) Net present value rate. B) Payback rate. C) Accounting rate
After-tax net income divided by the average amount invested in a project, is the:
A) Net present value rate.
B) Payback rate.
C) Accounting rate of return.
D) Earnings from investment.
E) Profit rate.
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College Accounting Chapters 1-24
Authors: Tracie L Nobles, Cathy Scott
11th Edition
1111528306, 978-1111528300
