pt 1

pt 2

The accounting rate of return is calculated using which formula? O Average cash flows / (Beginning investment balance + salvage)/2) O Average net income / (Beginning investment balance - salvage)/2 Average net income / (Beginning investment balance - ending balance)/2 O Average net income / (Beginning investment balance + salvage)/2 Financial calculators use a cash flow worksheet function (CF). Which statement is true when calculating the net present value using the (CF] function? O Negative cash inflows are disregarded. The required rate of return is not needed. The order of the cash inflows does not matter. O The order of the cash inflows matters