Discuss the ways in which long-term asset management


Question: 1. Discuss the ways in which long-term asset management differs from dayto-day budgeting.

2. How is the accounting rate of return calculated? What is the major disadvantage of using this method?

3. What factors, other than purely monetary factors, might one want to consider in a buy-versus-rent decision?

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Engineering Mathematics: Discuss the ways in which long-term asset management
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