Asked by Bethany Cheek on May 26, 2024
Verified
Without using formulas, provide a definition of internal rate of return (IRR).
Return
The income generated from an investment, expressed as a percentage of the original investment cost.
- Comprehend and partake in diverse capital budgeting schemes, such as Net Present Value (NPV), Internal Rate of Return (IRR), Profitability Index (PI), and Payback Period.
Verified Answer
TF
Taylor ForteJun 01, 2024
Final Answer :
The rate of return provided by a project. The value is compared with a company's rate of return to determine viability of a project.
Learning Objectives
- Comprehend and partake in diverse capital budgeting schemes, such as Net Present Value (NPV), Internal Rate of Return (IRR), Profitability Index (PI), and Payback Period.
Related questions
Without Using Formulas, Provide a Definition of Average Accounting Return ...
Without Using Formulas, Provide a Definition of Discounted Payback Period
Without Using Formulas, Provide a Definition of Net Present Value ...
A Company Is Considering Two Projects,Project a and Project B ...
Identify at Least Three Reasons for Managers to Favor the ...