accounting rate of return

简明释义

会计收益率

英英释义

例句

1.Investors often look for an accounting rate of return that exceeds the industry average to ensure better returns.

投资者通常寻求超过行业平均水平的会计收益率以确保更好的回报。

2.A high accounting rate of return indicates that the investment is performing well compared to other options.

高会计收益率表明该投资相较于其他选择表现良好。

3.When comparing projects, the accounting rate of return can help determine which project is more profitable.

在比较项目时，会计收益率可以帮助确定哪个项目更具盈利性。

4.The finance team calculated the accounting rate of return for the new machine to assess its viability.

财务团队计算了新机器的会计收益率以评估其可行性。

5.The project was evaluated based on its accounting rate of return, which is a measure of the profitability of the investment.

该项目的评估是基于其会计收益率，这是衡量投资盈利能力的一种方法。

作文

The concept of the accounting rate of return is fundamental in the field of finance and investment analysis. It serves as a crucial metric used by businesses to evaluate the profitability of their investments. In simple terms, the accounting rate of return (ARR) measures the expected annual profit from an investment relative to its initial cost. This ratio provides investors and managers with a clear understanding of how effectively their capital is being utilized. To calculate the accounting rate of return, one must first determine the average annual profit generated by the investment. This profit is typically derived from net income, which is the revenue generated minus all operating expenses, taxes, and depreciation. Next, the initial investment cost is identified. Once these two figures are established, the ARR can be calculated using the formula: ARR = (Average Annual Profit / Initial Investment) x 100%. For example, if a company invests $100,000 in a new project that generates an average annual profit of $20,000, the accounting rate of return would be: ARR = ($20,000 / $100,000) x 100% = 20%. This 20% indicates that for every dollar invested, the company expects to earn 20 cents annually. The accounting rate of return is particularly useful for comparing different investment opportunities. By calculating the ARR for various projects, managers can prioritize those with higher returns, ensuring that limited resources are allocated to the most profitable ventures. However, it is essential to recognize the limitations of this metric. The accounting rate of return does not account for the time value of money, which means it treats all profits as equal regardless of when they are received. Consequently, two projects with the same ARR might have vastly different cash flow patterns, leading to different overall financial outcomes. Furthermore, the accounting rate of return relies heavily on accounting practices, which can vary between companies. This variance can affect the consistency and reliability of the ARR across different organizations. Therefore, while the ARR is a valuable tool for assessing investment performance, it should not be the sole criterion for decision-making. In conclusion, the accounting rate of return is a vital financial metric that helps businesses assess the profitability of their investments. By providing a straightforward calculation of expected returns, it enables managers to make informed decisions regarding resource allocation. Nevertheless, it is crucial to consider its limitations and complement it with other financial analyses, such as net present value and internal rate of return, to achieve a comprehensive understanding of an investment's potential. Ultimately, the effective use of the accounting rate of return can lead to better investment decisions and improved financial performance for companies.

会计收益率的概念在金融和投资分析领域是基础性的。它作为一个关键指标，被企业用来评估其投资的盈利能力。简单来说，会计收益率（ARR）衡量的是投资所期望的年利润与其初始成本的比率。这个比率为投资者和管理者提供了一个清晰的理解，说明他们的资本是如何被有效利用的。要计算会计收益率，首先必须确定投资所产生的平均年利润。这个利润通常来源于净收入，即产生的收入减去所有运营费用、税收和折旧。接下来，识别初始投资成本。一旦这两个数字确定，就可以使用以下公式计算ARR：ARR = （平均年利润 / 初始投资）x 100%。例如，如果一家公司在一个新项目上投资100,000美元，该项目产生的平均年利润为20,000美元，则会计收益率将为：ARR = （20,000 / 100,000）x 100% = 20%。这个20%表明，每投资一美元，公司预期每年赚取20美分。会计收益率在比较不同的投资机会时特别有用。通过计算各个项目的ARR，管理者可以优先考虑那些回报更高的项目，确保有限的资源分配给最有利可图的事业。然而，必须认识到该指标的局限性。会计收益率没有考虑货币的时间价值，这意味着它将所有利润视为相等，而不管它们何时收到。因此，两个具有相同ARR的项目可能具有截然不同的现金流模式，从而导致不同的整体财务结果。此外，会计收益率在很大程度上依赖于会计实践，而这些实践在不同公司之间可能有所不同。这种差异可能影响ARR在不同组织之间的一致性和可靠性。因此，虽然ARR是评估投资表现的有价值工具，但不应成为决策的唯一标准。总之，会计收益率是一个重要的财务指标，帮助企业评估其投资的盈利能力。通过提供对预期回报的直接计算，它使管理者能够做出有关资源分配的明智决策。然而，考虑到其局限性，并结合其他财务分析，如净现值和内部收益率，以实现对投资潜力的全面理解，是至关重要的。最终，有效利用会计收益率可以带来更好的投资决策，提高公司的财务表现。