The cash payback capital budgeting technique is a quick way to calculate a project's net present value.

Name: The cash payback capital budgeting technique is a quick way to calculate a project's net present value.
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The cash payback method is a technique to determine how long it will take for a project's cash inflows to equal its initial investment. It does not take into account the time value of money and cannot calculate a project's net present value.

The Cash Payback Capital Budgeting Technique Is a Quick Way