A disadvantage of the net present value method is that

a.it ignores all cash flows.

b.it is more complex to use than methods that do not use present value.

c.it fails to take into account the time value of money.

d.It cannot rank projects with equal lives.

Which of the following is a disadvantage of the cash payback method?

a.It ignores present value.

b.It overvalues cash flows occurring after the payback period.

c.It is hard to use and understand.

d.It ignores all cash flows.