Aalya Ahmed claims the formula for the cash payback technique is the same as the formula for

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Aalya Ahmed claims the formula for the cash payback technique is the same as the formula for the annual rate of return technique. Is Aalya correct? What is the formula for the cash payback technique?
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Managerial Accounting Tools for Business Decision Making

ISBN: 978-1118033890

3rd Canadian edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly

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