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Author Question: Net income is the best measure to use for evaluating a firm's profits on assets because it includes ... (Read 40 times)

daltonest1984

  • Hero Member
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on: Jul 11, 2018
Net income is the best measure to use for evaluating a firm's profits on assets because it includes
  the effect of financing as well as the effect of operations.
 
  Indicate whether the statement is true or false

Question 2

The expected rate of return from an investment is equal to the expected cash flows divided by the
  initial investment.
 
  Indicate whether the statement is true or false
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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gabrielle_lawrence

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Reply #1 on: Jul 11, 2018
Answer to Question 1

FALSE

Answer to Question 2

TRUE


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