Which capital budgeting technique defines returns in terms of income instead of cash flows? 4 a) The payback period b) The internal rate of return technique c) The net present value technique d) The unadjusted rate of return method

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Which capital budgeting technique defines returns in terms of income instead of
cash flows?
a) The payback period
b) The internal rate of return technique
c) The net present value technique
d) The unadjusted rate of return method
Transcribed Image Text:Which capital budgeting technique defines returns in terms of income instead of cash flows? a) The payback period b) The internal rate of return technique c) The net present value technique d) The unadjusted rate of return method
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