The accounting rate of return, also called the average rate of return is defined as:
Find out Accounting Rate of Return overall and individual in order to decide which year is best?
(Acceptance Criterion: The higher the accounting rate of return the better the project)
Which one of the following project is best using Non-Discounting Criteria?
Financial Management: Theory and Practice, Dr Eugene F Brigham & C Micheal Ehrhardt
Fundamentals of Financial Management: Concise Edition, Brigham Houston
The Economist Guide to Financial Management, John Tennet
Financial Management: Core Concepts, Raymond M Brooks