Define the term coverage of investment worthiness?
Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter16: Mastering Financial Management
Section: Chapter Questions
Problem 4CC
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Define the term coverage of investment worthiness?
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Investment refers to the allocation of funds on a particular asset or group of assets for future expectations of a return from it.
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