Question
The payback period is the time a project will take to pay back the money spent on it. It is based on expected cash flows
The payback period is the time a project will take to pay back the money spent on it. It is based on expected cash flows and provide a measure of liquidity. State the advantages and disadvantages of Payback period.
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Step: 1
The payback period is a simple financial metric used to evaluate the time it takes for a project to recoup the initial investment It focuses on the ti...
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
