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The payback method for the measurement of return on investment Gives a correct picture of profitability Underemphasises liquidity Does not measure the discounted rate of
The payback method for the measurement of return on investment
Gives a correct picture of profitability
Underemphasises liquidity
Does not measure the discounted rate of return
Takes into account the cash inflows after the recovery of investments
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Introduction To Chemical Engineering Thermodynamics
Authors: J.M. Smith, Hendrick Van Ness, Michael Abbott, Mark Swihart
9th Edition
1260721477, 978-1260721478
