Question: Evaluate various capital budgeting most methods. If the net present value is the best criteria, why is it that about 25% of CFO's do not

Evaluate various capital budgeting most methods. If the net present value is the best criteria, why is it that about 25% of CFO's do not use it and that more than half of them still rely on the payback period? How would these methods be applied to nonprofit organizations such as hospitals or government agencies and how should such organizations make capital budget decisions?

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