8- A pure investment is always a simple investment. True False 9. The payback method screens projects on the basis of how long it takes for net receipts to double investment outlays. True False 10- Payback period can be used as a great tool for evaluating the profitability of projects. True False 11- In the balance sheet of a company, retained earnings is a type of a) Accounts payable b) equity c) debt d) current asset