What is the proper decision rule (or cutoff) for the payback method Multiple Choice If calculated payback is less than the useful life buy the machine If calculated payback is more than the useful life buy the machine If calculated payback is greater than zero buy the machine If calculated payback is less than some corporate standard buy the machine

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What is the proper decision rule (or cutoff) for the payback method? Multiple Choice If calculated payback is less than the useful life buy the

What is the proper decision rule (or cutoff) for the payback method?

Multiple Choice

If calculated payback is less than the useful life buy the machine.
If calculated payback is more than the useful life buy the machine.
If calculated payback is greater than zero buy the machine.
If calculated payback is less than some corporate standard buy the machine.

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