The Accounting Review Vol. 67 No. 2 1992
The Role of the Accounting Rate of Return in Financial Statement Analysis.
Abstract
Focuses on the use of the accounting rate of return (ARR) in evaluating the financial performance of companies in the United States. Relationship between accounting and economic rates of return; Derivation of accounting-based formula for the present value of a firm; Simplification with constant ARR and constant growth; Uses and limitations of derived equations in financial analysis.
- DOI
- 10.2308/tar-9605305894
- Volume
- 67
- Issue
- 2
- Pages
- 411-426
- Language
- en
- Sources
- openalex crossref