An Investment Project Has an Accounting Rate of Return of 10.8%.The

question 47

Multiple Choice

An investment project has an accounting rate of return of 10.8%.The initial outlay for the investment is $91,000.The hurdle rate is 10.2%.Which of the following indicates a proper interpretation?

• A)The investment earns a net income of 10.8 cents on each dollar invested.
• B)The investment earns a cash return of 10.8 cents on each dollar invested.
• C)The investment earns a net income of 10.8 cents on each dollar of sales generated.
• D)The investment earns a cash return of 10.8 cents on each dollar of sales generated

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Definitions:

Redundancy

The inclusion of extra components or systems that are not strictly necessary, to provide backup in case of failure.

Primary Key

A unique identifier for each record in a database table, ensuring no two rows have the same key.

Employee Table

A structured arrangement of data often in rows and columns that pertains to employees.

Social Security Number

A nine-digit number issued to U.S. citizens, permanent residents, and temporary working residents that tracks individuals for Social Security and tax purposes.