If DCF approaches are superior to the payback and the accounting rate-of-return methods, why should we bother

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“If DCF approaches are superior to the payback and the accounting rate-of-return methods, why should we bother to learn the others? All it does is confuse things.” Answer this contention.

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Introduction to Management Accounting

ISBN: 978-0133058789

16th edition

Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta

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