Solved

The Payback Method Is a Convenient and Useful Tool Because

Question 53

Multiple Choice

The payback method is a convenient and useful tool because


A) it provides a quick estimate of how rapidly an initial investment will be recouped.
B) it considers all of a project's relevant cash flows.
C) it considers the time value of money.
D) the required payback period for all of a firm's projects must be identical.
E) it only considers the cash flows within the current period of 12 months.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions