For Capital Budgeting Decisions, the Simple Rate of Return Method

question 86

True/False

For capital budgeting decisions, the simple rate of return method is superior to the net present value method.

---

Definitions:

Protectorates

A protectorate is a state or territory that is protected and partly controlled by a stronger state but is not owned by it.

Indigénat

The legal system used by the French colonial empire to impose civil penalties on indigenous populations, notably in North Africa.

French Algeria

Refers to the period from 1830 to 1962 when Algeria was a colony and then a department of France, leading to a long struggle for independence.

Leopold II

The king of Belgium from 1865 to 1909, best known for his exploitation of the Congo Free State as a private venture.