the Accounting Rate of Return and the Payback Period as the tools that do not utilize the time value of money.

the Accounting Rate of Return and the Payback Period as the tools that do not utilize the time value of money. Most of you considered this a "bad" thing, but what is the main advantage of these two methods, and why do you think they are important to use in some situations?100 words or more no fromat needed

Accounting rate of return and payback period do not utilize the time value of money.However, both the methods have some advantages. These are as follows:Advantages of Accounting rate of return1....