FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

13 Which of the following is NOT a short-coming of the payback method? It does not take into consideration the time value of money. It

13 Which of the following is NOT a short-coming of the payback method? It does not take into consideration the time value of money. It only considers cash flows received before the payback period. Just because a project has a shorter payback period does not mean it is the most desirable project. It only considers cash flows received after the payback period. 4 pts the purchaseimage text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Construction Accounting And Financial Management

Construction Accounting And Financial Management

Authors: Steven J. Peterson

4th Edition

0135232872, 978-0135232873

More Books

Students also viewed these Accounting questions

Question

★★★★★
Based on the following information, calculate the expected return and standard deviation for the two stocks. State of Economy Probability of State of Economy Rate of Return If State Occurs Stock B...

Answered: 1 week ago

Question

★★★★★
Gross domestic product (diagnostics). In Chapter 18, Exercise 33 we found a model for GDP per Capita from three country characteristics: Cell phones/100 people, Internet Users/100 people, and Primary...

Answered: 1 week ago

Question

★★★★★
We toss a coin successively. Let Bi be the event that the outcome of the ith toss is Heads. Then, the event Heads occur for the first time at, or after, the second toss can be written, in terms of...

Answered: 1 week ago

Question

★★★★★
A 24-kg uniform cylindrical roller, initially at rest, is acted upon by a 100-N force as shown. Knowing that the body rolls without slipping, determine (a) The velocity of its center G after it has...

Answered: 1 week ago

Question

★★★★★
Which method or methods can present a value of an equipment that is below the salvage value? Double Declining Balance with Conversion to Straight-Line Depreciation Modified Accumulated Cost Recovery...

Answered: 1 week ago

Question

★★★★★
What is the standard deviation of a portfolio which is comprised of $9,000 invested in stock S and $6,000 in stock T? The standard deviation of returns of Stock S is 10% and that of Stock T is 8%....

Answered: 1 week ago

Question

★★★★★
1. Your friend asks you to invest $10,000 in a business venture. Based on your estimates, you would receive nothing for four years, at the end of year 5 you would receive interest on the investment...

Answered: 1 week ago

Question

★★★★★
1 ) A global contracting organisation suffers from different types of organisational conflicts internally and within its clients and supply chain. You are appointed as a consultant to advise senior...

Answered: 1 week ago

Question

★★★★★
Jose own a small retail store and hires Sam as his agent to manage the store while he is away on vacation. Jose instructs Sam to only sell items at a 10% discount. However, Sam mistakenly sells a...

Answered: 1 week ago

Question

★★★★★
In South Africa, while excessive, deadly, or lethal use of force tends to be associated more often with the SAPS, private security officers have also been guilty of such activities. This connotation...

Answered: 1 week ago

Question

★★★★★
7) Bright Semiconductor specializes in semiconductors that are used in autos, communication equipment, and industrial machinery, which are cyclical industries. This high-yield-rated company's debt...

Answered: 1 week ago

Question

★★★★★
4. Think of a situation where you would convince someone of an argument or an idea you had. a. What feelings did you want the other person to be left with when you finished? b. When you think about...

Answered: 1 week ago

Question

★★★★★
7. Think of a situation where you felt that you mastered the situation, i.e. where you had a positive feeling of completing the task you were to perform. A. Now develop a picture in your imaginary...

Answered: 1 week ago

Question

★★★★★
6. Think of something that you believe in, without the slightest doubt attached to it. How do you imagine this? Is it verbal, in rumours, in metaphors or the like? The answer says something about how...

Answered: 1 week ago

Previous Question Next Question