1.the advantages and disadvantages of RIM?
1.terminal value ose a relatively smaller portion of present value.
2.Uses readily available accounting data.
3.Applies to dividend and non-dividend paying companies
4.Can be use when cash flows ar
Accounting Theory & Policy
Chapter 2 P17
Capital Asset at Present Value
1. Project 1 is like a lease case. A person invested $2000, received the fixed return
($300) in the next following 7 years and got $1000 at the end of return period. The
payback period is a little bit longer, but the return is fixed an