What are the major weaknesses of payback period?

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College Accounting Chapters 1-30

ISBN: 978-1259631115

15th edition

Authors: John Price, M. David Haddock, Michael Farina

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Posted Date: Jun 18, 2019 01:03 AM

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What are the major weaknesses of payback period?

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The payback method of evaluating capital expenditure projects is very popular because its easy to calculate and understand It has severe limitations however and ignores many important factors that sho... View the full answer

College Accounting Chapters 1-30

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