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The shortcoming(s) of the Payback Period decision criteria is (are) A) the use of net income instead of cash flows. B) it is easy to

The shortcoming(s) of the Payback Period decision criteria is (are)

A) the use of net income instead of cash flows.

B) it is easy to calculate.

C) there is not a theoretically derived cutoff rate.

D) it uses book value accounting.

E) All of the above are shortcomings.

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