The payback$$ model, which

considers does not consider

the overall profitability of the two investments and

accounts for accounts only for ignores

all cash flows beyond the payback$$ period,

gives all cash inflows, regardless of when received, the same value as dollars at time zero. accounts for the time value of money by discounting future cash flows to present value dollars.

As is the case for the investment altneratives for

FerruoloFerruolo

$$Company$,$ the investment that recoups its initial investment faster is also the investment that has