Author Question: Net income is the best measure to use for evaluating a firm's profits on assets because it includes ... (Read 31 times)

daltonest1984

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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


gabrielle_lawrence

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Answer to Question 1

FALSE

Answer to Question 2

TRUE



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