If the average rate of return on an asset exceeds the minimum rate of return for investments, the asset should be purchased.

Name: If the average rate of return on an asset exceeds the minimum rate of return for investments, the asset should be purchased.
Brand: Quizplus
Rating: 4.9 (56 reviews)

Question

Quizplus · Accepted Answer

If the average rate of return on an asset is greater than the minimum rate of return required for investments, then it is expected to generate a positive return and thus it is advisable to purchase the asset.

If the Average Rate of Return on an Asset Exceeds