Answered step by step
Verified Expert Solution
Question
1 Approved Answer
which of the following is a drawback of using the payback method, to evaluate capital projects? a. all choice are correct b. payback does not
which of the following is a drawback of using the payback method, to evaluate capital projects?
a. all choice are correct
b. payback does not consider the time value of money
c. payback does not consider risk
d. payback does not consider all the cash flows of the project.
e. payback can result in value-decreasing decisions.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started