Describe the major benefits and weaknesses of the payback period and accounting rate of return methods.

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Managerial Accounting

ISBN: 9780137689453

1st Edition

Authors: Jennifer Cainas, Celina J. Jozsi, Kelly Richmond Pope

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Question Posted: Sep 05, 2023 07:41 AM

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Describe the major benefits and weaknesses of the payback period and accounting rate of return methods.

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Payback period Benefits Easy to understand and use emphasizes risk and liquidity emphasizes cash ...View the full answer

Managerial Accounting

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