Walter Shea claims the formula for the cash payback technique is the same as the formula for

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Walter Shea claims the formula for the cash payback technique is the same as the formula for the annual rate of return technique. Is Walter correct? What is the formula for the cash payback technique?


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Managerial Accounting Tools for business decision making

ISBN: 978-0470477144

5th edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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