Multiple Choice
You need to borrow $2,000 quickly, and the local pawn shop will give it to you if you promise to repay them $200.92 monthly over the next year.
Suppose the pawn shop has more customers than funds. Which capital budgeting technique would
Allow it to rank potential customers in order to maximize current wealth?
A) AAR
B) Payback period
C) Profitability index
D) NPV
E) Discounted payback
Correct Answer:

Verified
Correct Answer:
Verified
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