Hank Snow claims the formula for the cash payback technique is the same as the formula for

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Hank Snow claims the formula for the cash payback technique is the same as the formula for the annual rate of return technique. Is Hank correct? What is the formula for the cash payback technique?

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Accounting Principles

ISBN: 978-0470534793

10th Edition

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

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