Why is an investment more attractive to management if it has a shorter payback period?

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Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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Question Posted: May 17, 2012 04:33 AM

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Why is an investment more attractive to management if it has a shorter payback period?

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A shorter payback period is desirable because management prefers to reduce the ...View the full answer

Managerial Accounting

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