Question
The payback period: a. can be determined only when cash flows are uniform. b. ignores profitability and time value of money. c. ignores profitability, but
The payback period:
a. can be determined only when cash flows are uniform.
b. ignores profitability and time value of money.
c. ignores profitability, but considers time value of money.
d. ignores time value of money, but considers profitability.
e. is the reciprocal of the accounting rate of return.
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Payroll Accounting 2018
Authors: Bernard J. Bieg, Judith Toland
28th edition
1337291056, 978-1337291057, 1337291137, 9781337291132, 9781337516686 , 978-1337291040
