In actual practice, managers frequently use the:

I. average accounting return method because the information is so readily available

II. internal rate of return because the results are easy to communicate and understand

III. discounted payback because of its simplicity

IV. net present value because it is considered by many to be the best method of analysis

		I and III only
		II and III only
		I, II, and IV only
		II, III, and IV only
		I, II, III, and IV