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Which of the following is true about the capital budgeting techniques? Group of answer choices If the payback period for a project is less than
Which of the following is true about the capital budgeting techniques?
Group of answer choices
If the payback period for a project is less than the firm's threshold period, then the project is accepted.
The accounting rate of return is calculated as the ratio of total book value to total net income
The payback method is consistent with the goal of shareholder wealth maximization.
If the payback period for a project exceeds the firm's threshold period, then the project is accepted.
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