All of the following statements about the annual rate of return method are correct except that it
a. indicates the profitability of a capital expenditure.
b. ignores the salvage value of an investment.
c. does not consider the time value of money.
d. compares the annual rate of return to management's minimum rate of return.
Answer: b. ignores the salvage value of an investment.
Business
You might also like to view...
After a COMMIT command is executed, the ROLLBACK command will have no affect on the changed data. _________________________
Indicate whether the statement is true or false
Business
Which of the following commands is used to create a function-based index?
a. CREATE FUNCTION INDEX...ON b. CREATE INDEX...ON c. CREATE INDEX....FOR d. CREATE INDEX...FUNCTION
Business