Which of the following is not true for payback? a. It is a capital investment analysis method.
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Which of the following is not true for payback?
a. It is a capital investment analysis method.
b. It depends on whether net cash inflows are equal or different.
c. The longer the payback period, the more attractive the asset.
d. Initial investment is also called capital outlay.
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Related Book For
Horngrens Accounting The Managerial Chapters
ISBN: 9781292105871
11th Global Edition
Authors: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura
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