Refer to the table below,which shows the results of payback,net present value,and internal rate of return analysis of four projects.Which is preferred by the payback criterion?
A)A
B)B
C)C

Question

Refer to the table below,which shows the results of payback,net present value,and internal rate of return analysis of four projects.Which is preferred by the payback criterion? 
A)A 
B)B 
C)C

Quizplus · Accepted Answer

According to the payback criterion, the project with the shortest payback period is preferred. In this case, Project A has the shortest payback period of 2 years, while the other projects have payback periods longer than 2 years. Therefore, Project A is the preferred choice according to the payback criterion. However, it is important to consider other criteria such as net present value and internal rate of return before making a final decision.

Refer to the Table Below,which Shows the Results of Payback,net