What are the strengths of the payback method?
Question:
What are the strengths of the payback method?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
The payback method is a simple financial metric used to evaluate the time it takes for an investment ...View the full answer
Answered By
RADHIKA MEENAKAR
I am a qualified indian Company Secretary along with Masters in finance with over 6 plus years of professional experience. Apart from this i am a certified accounts and finance tutor on many online platforms.
My Linkedin profile link is here https://www.linkedin.com/in/radhika-meenakar-88b9808a/
5.00+
12+ Reviews
22+ Question Solved
Related Book For
Horngrens Accounting The Managerial Chapters
ISBN: 9781292105871
11th Global Edition
Authors: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura
Question Posted:
Students also viewed these Business questions
-
1: Describe the net present value (npv) method for determining a capital budgeting project's desirability. What is the acceptance benchmark when using npv? Distinguished-level: identify the npv...
-
Facts Enterprises is trying to select the best investment from among four alternative independent projects presented by their respective firms. Each alternative involves an initial outlay of $80,000...
-
a. For each of the investment alternatives, calculate the i. Net present value ii. Payback iii. Accounting rate of return (on an average basis, not per year), and iv. Recommend, with reasons, which...
-
How might a shareholders agreement influence a companys financial report-ing objectives?
-
The table gives the average retail prices for unleaded regular gasoline in U.S. cities for the years 1989-2013. Construct a frequency histogram of the gasoline prices, using intervals of 50 cents,...
-
If aggregate supply shifts to the right each year due to technological progress, then what must the government do to maintain a stable price level?
-
Draw a Graph for Income vs College! The New York Times created an interesting interactive graph on income versus percent of children who attend college. They ask you to first draw what you think the...
-
Your friend, Suzie Whitson, has designed a new type of outdoor toy that helps children learn basic concepts such as colors, numbers, and shapes. Suzies product will target two groups: day care...
-
A clear plastic paperweight with an unknown index of refraction rests on your desk as shown in the figure. A ray of light enters the top of the paper weight with a 65.0 angle of incidence a undergoes...
-
What is the weakness of the Internal Rate of Return (IRR)?
-
Explain how future value is calculated by illustrating the formula for doing so.
-
For the following exercises, use this scenario: The equation N(t) models the number of people in a town who have heard a rumor after t days. To the nearest whole number, how many people will have...
-
Mustard Seed PLC adheres to IFRS. It recently purchased inventory for 100 million and spent 5 million for storage prior to selling the goods. The amount it charged to inventory expense ( millions)...
-
Projecting profit margins into the future on the basis of past results would be most reliable when the company: A. is in the commodities business. B. operates in a single business segment. C. is a...
-
Credit analysts are likely to consider which of the following in making a rating recommendation? A. Business risk but not financial risk B. Financial risk but not business risk C. Both business risk...
-
An audit opinion of a companys financial reports is most likely intended to: A. detect fraud. B. reveal misstatements. C. assure that financial information is presented fairly.
-
Jordans response about his approach to estimating a companys need to reinvest in its productive capacity is most likely correct regarding: A. estimating the average age of the asset base. B....
-
The Sarbanes-Oxley Act affects public companies. Requirement 1. How does the Sarbanes-Oxley Act relate to internal controls? Be specific.
-
Michelles trust is subject to 3.8% surtax on the lesser of the trusts net investment income or the excess of the trusts adjusted gross income over the $12,400 threshold (the highest trust tax rate)....
-
If the United States imports more goods from abroad than it exports, foreigners will tend to have a surplus of U.S. dollars. What will this do to the value of the dollar with respect to foreign...
-
Should firms require higher rates of return on foreign projects than on identical projects located at home? Explain.
-
What is a Eurodollar? If a French citizen deposits $10,000 in Chase Manhattan Bank in New York, have Eurodollars been created? What if the deposit is made in Barclays Bank in London Chase Manhattans...
-
Working for a home care agency, you have been assigned to assist the client with tasks involving his money and are required to accompany your client to do personal banking, buy groceries, and pay...
-
As a support worker you have been assigned the duty of caring for an elderly client who is recovering after a knee replacement surgery. You have been hired to give him a bath and personal care and to...
-
The employer shared responsibility provision, ESRP penalty requires that employers provide medical coverage to their employees independent children, if they have a minimum of how many full time...
Study smarter with the SolutionInn App