Describe the payback period approach to capital budgeting. Explain 1 advantage and 1 disadvantage of the technique
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Question:
- Describe the payback period approach to capital budgeting.
- Explain 1 advantage and 1 disadvantage of the technique
- Explain why it would be wise for a financial manager to learn advanced budgeting techniques
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The payback period approach to capital budgeting is a simple and intuitive method used to evaluate p... View the full answer
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