5.1 The Capital Budgeting Evaluation Process and the Cash Payback Technique Managers at Eller Manufacturing are considering three investment opportunities, and can select only one. The cash flows for each investment are: The initial investment amount for each is: Investment A=$15,000; Investment B=$21,500; and Investment C=$38,000. Which investment should be selected? Investment A as it has the shortest payback period Investment B as it has the shortest payback period Investment C as it has the shortest payable period a decision cannot be made until we know the payback threshold