Essentials of Corporate Finance
Essentials of Corporate Finance
8th Edition
ISBN: 9780078034756
Author: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 8, Problem 4QP
Summary Introduction

To calculate: The AAR (Average accounting return) of the project.

Introduction:

The AAR (Average Accounting Rate of Return) is a method of accounting utilized for comparison with other techniques of capital budgeting. It gives a quick estimation on the worth of the project throughout its life.

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Essentials of Corporate Finance

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