Outline two limitations of using payback as a method of appraisal.

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Cambridge International AS And A Level Accounting

ISBN: 9781444181432

1st Edition

Authors: Ian Harrison

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Question Posted: Aug 24, 2023 01:20 PM

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Identify two advantages of using payback as a method of investment appraisal.
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Outline two limitations of using payback as a method of appraisal.

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The payback period is a simple investment appraisal method that calculates the time it takes for an ...View the full answer

Cambridge International AS And A Level Accounting

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