净现值率的误用

Misunderstand and Misuse on Net Present Valuable Rate

经济活动的目的是追求利润的最大化,在方案评价过程中,由于方案之间关系的不同,评价的标准也不同.根据独立方案、互斥方案和混合方案评价的标准,指出利用净现值率作为方案评价标准的错误性.

The target in economical activities is to pursue profit maximization.In the process of the plan appraisement the different plans have different citieria to appraise because of differences between the plans.According to the different citieria of independence plans,mutual exclusion plans and mixed plans it is pointed out that to use the NPVR as citieria to appraise the plans is wrong.