Match each statement with the appropriate capital budgeting method: payback period (PBP), accounting rate of return (ARR), net present value (NPV) or internal rate of return (IRR). Each may be used more than once, or not at all. The difference between the present value of the investment's net cash inflows and the initial investment Focuses on time, not profitability Measures profitability, but ignores the time value of money Finds the discount rate that brings the investment's net present value to zero Quick method that highlights risky investments