The payback method of analysis is the most beneficial in which one of the following situations?

Select one:

a. A firm is considering a project that can easily be extended if it is profitable.

b. A firm can either build a bowling alley or a miniature golf course on a piece of land, but not both.

c. A ski resort is considering adding a golf course to increase revenues.

d. A firm has free cash that can be invested but must be returned in time to meet a bond obligation two years from now.