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In Management Accounting, there are some investment appraisal methods to analyse the performance of investment projects. The following table lists out the financial data of

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In Management Accounting, there are some investment appraisal methods to analyse the performance of investment projects. The following table lists out the financial data of two projects for London Technology Ltd: Projects/Methods A B Payback Period 2 year and 4 months 2 year and 9 months Accounting Rate of Return 27.6% 15.44% Net Present Value 23,040 21,798 Required: Which project should company accept? In the discussion, please explain which method can leads to better decision

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