Decisions regarding investing in long-term capital assets or projects are important to small businesses. Capital assets are those that generate income for a business. The accounting rate of return is ...

An accounting method used in capital budgeting to estimate average returns from a project over its working life. However, as it uses profit rather than cash flow it does not account for the time value ...

Investors with limited resources need methods for analyzing and comparing investment opportunities. This may involve comparing very different types of investments, from stocks and bonds to real estate ...

This is a preview. Log in through your library . Abstract General conditions are derived under which accounting ratios, such as the conventionally defined accounting rate of return, deviate from the ...

In 1494, for example, mathematician and ‘father of modern accounting’ Luca Pacioli wrote of Venetian merchants willfully ...

This article reports the results of a national survey on the use of several capital budgeting decision models by county governments. Among the models examined, the benefit-cost ratio (BCR) and the ...