Which of the following figures of merit does not directly take into consideration the time value of
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Question:
I. Payback period
II. Internal rate of return
III. Net present value (NPV)
IV. Accounting rate of return
IV only
I and III only
II and III only
I and II only
I and IV only
Related Book For
Auditing a business risk appraoch
ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
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