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Relative to other capital budgeting techniques, managers use the payback period because: Select one: a. It better accounts for salvage values at the end of
Relative to other capital budgeting techniques, managers use the payback period because:
Select one:
a. It better accounts for salvage values at the end of a project.
b. It is simple to use.
c. It ignores all cash flows after the cut-off date.
d. It discounts cash flows.
e. It adjusts for the uncertainty of early cash flows.
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