Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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The payback period method,
(a) Considers time value of
money
(b) Ignores cash flows after payback
(c) Is the best capital budgeting method
(d) Considers risk explicitly
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Transcribed Image Text:The payback period method, (a) Considers time value of money (b) Ignores cash flows after payback (c) Is the best capital budgeting method (d) Considers risk explicitly
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