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Science220 Science220
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9 months ago

Which of the following statements is true?

  1. The internal rate of return is the rate of return of an investment project over its useful life.
  2. When the net cash inflow is the same every year for a project after the initial investment, the internal rate of return of a project can be determined by dividing the initial investment required in the project by the annual net cash inflow. This computation yields a factor that can be looked up in a table of present values of annuities to find the internal rate of return.


▸

Only statement I is true.



▸

Only statement II is true.



▸

Both statements are true.



▸

Neither statement is true.

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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qwasqwas1qwasqwas1
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9 months ago
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Science220 Author
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9 months ago
This site is awesome
momochiime
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Smart ... Thanks!
GeorgeNeist
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Thanks for your help!!
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