Question: The average accounting return (AAR) rule can be best stated as: O a. An investment is acceptable if its AAR is less than a target
The average accounting return (AAR) rule can be best stated as: O a. An investment is acceptable if its AAR is less than a target AAR. O b. An investment is acceptable if its AAR exceeds the firm's return on equity (ROE). c. An investment is acceptable if its AAR exceeds a target AAR. d. An investment is acceptable if its AAR is less than the firm's return on assets (ROA)
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