Your boss has suggested that a one-year payback period is the same as a 100% average rate

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Your boss has suggested that a one-year payback period is the same as a 100% average rate of return. Do you agree?

Payback Period
Payback period method is a traditional method/ approach of capital budgeting. It is the simple and widely used quantitative method of Investment evaluation. Payback period is typically used to evaluate projects or investments before undergoing them,...
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Financial And Managerial Accounting

ISBN: 9781337119207

14th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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