Which of the following is incorrect regarding the payback period method? a. The payback period ignores the
Question:
Which of the following is incorrect regarding the payback period method?
a. The payback period ignores the time period beyond the payback period.
b. When using payback analysis for investment deci- sions, one rule is to select the shortest payback period investment.
c. The formula for the payback period is: mk4
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Related Book For 
Accounting A Business Perspective
ISBN: 9780075615859
7th Edition
Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher
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