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Find the Value of the Determinant 6488\left| \begin{array} { r r } - 6 & - 4 \\- 8 & 8\end{array} \right|

question 96

Multiple Choice

Find the value of the determinant.
- 6488\left| \begin{array} { r r } - 6 & - 4 \\- 8 & 8\end{array} \right|


Definitions:

Average Accounting Return

A measure of the profitability of an investment, calculated as the average annual net income divided by the average investment.

Time Value

The concept in finance that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.

Calculation

The process of determining a numerical result based on mathematical operations or algorithms.

Average Accounting Return

A financial ratio that measures the average net income that a firm generates as a percentage of its average book value of equity.

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