1. COMPARISON OF RETURN EVALUATION TECHNIQUES.
- Author
-
Wortham, A. W. and McNichols, R. J.
- Subjects
CAPITAL investments ,INDUSTRIAL management ,EXECUTIVES ,RATE of return ,PROFIT ,ASSETS (Accounting) ,FINANCIAL performance ,FINANCE - Abstract
The purpose of this paper has been to present and exemplify a new and alternate method of return assessment. The method does have computational and mathematical advantage. It is also believed to have analytic advantage in that it is less susceptible to manipulation by base selection and more closely associated with performance measures which are relatively well defined. [ABSTRACT FROM AUTHOR]
- Published
- 1970
- Full Text
- View/download PDF