Question: The average accounting return: Group of answer choices will equal the required return when the net present value equals zero. is expressed as a percentage
The average accounting return:
Group of answer choices
will equal the required return when the net present value equals zero.
is expressed as a percentage of an investment's current market value.
is used more often by CFOs than the internal rate of return.
measures profitability rather than cash flow.
discounts all values to today's dollars.
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