What is one advantage of using the Payback Period Analysis method for capital budgeting decisions?<\/p>
Select one:<\/p>
a.It provides an indication of the optimal strategy to maximising the wealth of the company.<\/p>
b.It is intuitive and easy to explain to non-financial stakeholders such as managers.<\/p>
c.It doesn't require so many inputs to be estimated and hence a more accurate outcome will follow.<\/p>
d.It can be shown that it better correlates with the internal rate of return, which is the true measure that should be taken.<\/p>", "transcribed_text": "", "related_book": { "title": "Derivative Pricing", "isbn": "0367734214, 978-0367734213", "edition": "1st Edition", "authors": "Ambrose Lo", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/643d2da6a803f_27964.jpg", "uri": "\/textbooks\/derivative-pricing-1st-edition-9780367734213", "see_more_uri": "" }, "free_related_book": { "isbn": "B09LGN94X1", "uri": "\/textbooks\/price-forecasting-models-for-secureworks-corp-cs-scwx-stock-1st-edition-979-8763742596-342239", "name": "Price Forecasting Models For Secureworks Corp Cs Scwx Stock", "edition": "1st Edition" }, "question_posted": "2024-06-06 11:17:50", "see_more_questions_link": "\/study-help\/questions\/business-accounting-2024-September-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/the-trade-union-association-of-orlando-florida-maintains-indexes-on", "description": "The Trade Union Association of Orlando, Florida, maintains indexes on the hourly wages for a number of the trades. 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