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Commerce · Q448

Business Finance

Graduate and Post Graduate · Commerce · question 448

Q448

Which of the following statement is/are correct?

A.
Payback period provides approximation of the rate of return
B.
Where revenues are unequal, discounted cash flow method is used
C.
Accounting rate of return method establishes ratio of average annual profits to total outlay
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
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