I always go for the investment with the shortest payback period. Is this a sound strategy? Why

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I always go for the investment with the shortest payback period. Is this a sound strategy? Why or why not?

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Survey of Accounting

ISBN: 978-0073379555

2nd edition

Authors: Edmonds, old, Mcnair, Tsay

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Question Posted: Jan 03, 2012 04:57 AM

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I always go for the investment with the shortest payback period. Is this a sound strategy? Why

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The strategy is not sound because it does not take into ...View the full answer

Survey of Accounting

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