Question
Which is the missing phrase in the following sentence? A weakness of the ____ method of investment appraisal is that it cannot be used where
Which is the missing phrase in the following sentence? A weakness of the ____ method of investment appraisal is that it cannot be used where the pattern of cash flows is irregular, with a mixture of cash inflows and cash outflows.
- Accounting rate of return
- Internal rate of return
- Payback
- Net present value
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Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
