The payback period is $\_\_\_\_\_\_\_\_.$

Answer

the difference between the present value of the investment$$s net cash inflows and the investment$$s cost

the only$$capital budgeting method that ignores the time value of money

the rate of return, based on discounted cash flows, that a company can expect to earn by investing in a capital asset

a capital budgeting method that ignores the time value of money and focuses on the time it takes to recover the company$$s cash investment