Question: Task 3 c): 10 mark i) Explain the advantages and disadvantages of using NPV as opposed to using just the payback method as a method
Task 3 c): 10 mark
i) Explain the advantages and disadvantages of using NPV as opposed to using just the payback method as a method of investment appraisal. (3 marks)
ii) Identify and discuss the influences that non-financial factors could have on making an investment decision. (7 marks)
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