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Capital budgeting: methods of appraisal 11 Traditional methods 12 Payback period method 12 Accounting rate of return method 13 Discounted cash flow methods 14 Net present value (NPV) 14 Internal rate of return 14 Profitability index method 15 3. Concept of Cost 16
Broadly there are two group of costing methods ... this method is used by industries ... This method is suited to industries like making, mining, cement, ...
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