The Pay Back Method is preferred by many companies because it is relatively easy to use and

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The Pay Back Method is preferred by many companies because it is relatively easy to use and incorporates Time Value of Money concepts.

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Intermediate Accounting

ISBN: 978-1119048541

11th Canadian edition Volume 2

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy

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Question Posted: May 20, 2013 06:49 AM

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The Pay Back Method is preferred by many companies because it is relatively easy to use and

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True Analyzing Payback Payback allows us to see how rapidly a project returns the initial investment back to the company In practice companies establi...View the full answer

Intermediate Accounting

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