1. Your friend has a small business and comes to you for advice on how to evaluate and pick between projects, keeping their recoupment period in mind. She wants your input, knowing you are in a finance class. How would you advice her and are there any pros or cons that you will caution her about when using this method?

Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
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1. Your friend has a small business and comes to you for advice on how to evaluate and pick
between projects, keeping their recoupment period in mind. She wants your input, knowing you are
in a finance class. How would you advice her and are there any pros or cons that you will caution her
about when using this method?
Transcribed Image Text:1. Your friend has a small business and comes to you for advice on how to evaluate and pick between projects, keeping their recoupment period in mind. She wants your input, knowing you are in a finance class. How would you advice her and are there any pros or cons that you will caution her about when using this method?
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