The expected period of time that will elapse between the date of a capital investment and the
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The expected period of time that will elapse between the date of a capital investment and the complete recovery of the amount of cash invested is called the:
a. average rate of return period.
b. cash payback period.
c. net present value period.
d. internal rate of return period.
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Related Book For
Financial And Managerial Accounting
ISBN: 9781337902663
15th Edition
Authors: Carl S. Warren, Jefferson P. Jones, William B. Tayler
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