Completion Statements Fill in the blank(s) to complete each statement. 1. The __
ID: 2420575 • Letter: C
Question
Completion Statements
Fill in the blank(s) to complete each statement.
1. The ___________________________________ method of capital budgeting is based on income rather than cash flows.
2. The discount rate that makes the net present value of a project equal to zero is called the ______________________________________.
3. In a capital-budgeting project, the investment required for accounts receivable and inventories is called _______________________________.
4. (Appendix) ________________________ is the decline in the general purchasing power of the monetary unit.
Explanation / Answer
1) Average Rate of Return Method
2) Internal Rate of Return ( IRR )
3) Working Capital
4) Inflation
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