Question

Which of the following statements is correct regarding the payback method as a capital budgeting technique?
a. The payback method considers the time value of money.
b. An advantage of the payback method is that it indicates if an investment will be profitable.
c. The payback method provides the years needed to recoup the investment in a project.
d. Payback is calculated by dividing the annual cash inflows by the net investment.


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  • CreatedSeptember 01, 2015
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