Which of the Following Associations in the Southern Hemisphere Is

question 40

Multiple Choice

Which of the following associations in the Southern Hemisphere is incorrect?

• A)autumnal equinox -- March 21
• B)spring equinox -- September 23
• C)summer solstice -- December 22
• D)winter solstice -- June 22
• E)vernal equinox -- March 21

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Definitions:

Capital Budgeting Methods

Techniques used by companies to evaluate the desirability of investments or expenditures. Major methods include net present value (NPV), internal rate of return (IRR), and payback period.

Accounting Rate of Return

A measure of the return expected on an investment, calculated by dividing the average annual profit by the initial investment cost.

After-Tax Net Income

The amount of profit a company remains with after all tax expenses have been deducted from its total income.

Accounting Rate of Return

A financial metric used to assess the profitability of an investment, calculated as the average annual return over the investment's life divided by the initial investment cost.