Question 10 1 pts If you have a project with conflicting recommendations (Accept/ Reject) among the methods, which method should you always follow? Average Accounting Return Net Present Value Discounted Payback OP.L. rule Payback Period Question 12 1 pts Which of the following is a disadvantage of using the average accounting return (AAR) rule for capital budgeting? It is biased towards liquidity. The information needed to calculate AAR is difficult to obtain. It is not based on market value. It is difficult to calculate. It is biased against long-term projects. 2 pts Question 18 Andreescu's Tennis Camp Inc. just purchased $850,000 of new equipment. The equipment is expected to result in the following net income of the firm ($36,000). $39.000, $134,000, $164,000, and $39,000 a year in each of the next five years. Andreescu's uses straight-line depreciation over the projected life of the equipment. What is the average accounting rate of return on this equipment? 18.12% 36.24% 16.00% 32.00% 19.39%