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Capital Budgeting and Managerial Decisions
?
Which of the following is incorrect?
Payback period
Basis of Measurement: Cash Flows
Measure Expressed As: Number of Years
Net Present value
Basis of Measurement: Cash Flows
Measure Expressed As: Percent
Internal rate of return
Basis of Measurement: Cash Flows
Measure Expressed As: Percent
Accounting rate of return
Basis of Measurement: Accrual Income
Measure Expressed As: Percent
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (B)
Net Present value
Basis of Measurement: Cash Flows
Measure Expressed As: Percent
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