50) The Payback Period is a tool Financial Analysts use to determine whether to accept or reject a potential project the firm is considering. It is defined as the length of time it takes an investment to generate sufficient cash flows to:

Multiple Choice

A) produce a positive annual cash flow.

B) offset its total expenses.

C) offset its fixed expenses.

D) produce a positive cash flow from assets.

E) recover its initial investment in the project.