Some firms use the payback period as a decision criterion or as a supplement to sophisticated decision techniques,because:
A) it explicitly considers the time value of money.
B) it can be viewed as a measure of risk exposure.
C) the determination of payback is an objectively determined criteria.
D) it can take the place of the net present value approach.
Correct Answer:
Verified
Q53: If the _ is greater than or
Q54: The underlying cause of ranking conflicts between
Q55: Perhaps the greatest disadvantage of using the
Q56: An insurance firm agrees to pay you
Q57: Among the reasons many firms DON'T use
Q59: What is the IRR for a project
Q60: In comparing the internal rate of return
Q61: The Barby Division at Mattel Toys is
Q62: As the capital budgeting director for Chapel
Q63: Your lawyer presents you with a three
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents