The expected period of time that will elapse be tween the date of a capital investment and
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The expected period of time that will elapse be¬ tween the date of a capital investment and the com¬ plete recovery of the amount of cash invested is called.
A. the average rate of return period B. the cash payback period C. the net present value period D. the internal rate of return period.AppendixLO1
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Financial Accounting
ISBN: 9780324188035
9th Edition
Authors: Dr Carl S. Warren, Dr James M. Reeve, Philip E. Fess
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