Examlex
The Jensen Company has compiled the following information about a project it is considering. What is the average accounting rate of return on this project?
Annual Cash Dividends
The total amount of cash payments made to shareholders in a year as a distribution of corporate profits.
Market Price
The current price at which an asset or service can be bought or sold in the marketplace.
Days' Sales Uncollected
A financial ratio indicating the average number of days it takes for a company to collect revenue after a sale has been made.
Accounts Receivable
Money owed to a company by its customers from sales or services on credit that is expected to be paid within a short duration, usually one year.
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