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LIMITATIONS OF USING THE CASH RECOVERY RATE TO ESTIMATE THE IRR: A NOTE

✍ Scribed by R.P. Brief


Book ID
111105228
Publisher
John Wiley and Sons
Year
1985
Tongue
English
Weight
158 KB
Volume
12
Category
Article
ISSN
0306-686X

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The present note expands on the Frigo and Ciecka (1995) residual income profile in order to analyze the relationship between residual income (RI), return on investment (ROI) and cash flows. The results indicate that in addition to the question of whether RI and ROI are useful in divisional performan