QS 24-4 Analyzing payback periods LO P1 Howard Co. is considering two alternative investments. The payback period is 4.5 years for investment A and 4 years for investment B. 1. If management relies on the payback period, which investment is preferred? points 8 0 18:56 Investment B Investment A References 2. Will an investment with a shorter payback period always be chosen over an investment with a longer payback period? Yes No