Indicate whether each of the following statements is true or false.
The payback method does not take the time value of money into account.______
The unadjusted rate of return indicates the length of time required to recover the initial cost of an investment.______
The payback period can only be calculated for capital investments that are expected to provide equal annual cash inflows over their useful lives.______
Generally,investments with shorter payback periods are preferred.______
Use of the payback method to analyze capital investments is the best way of identifying the projects that will make the greatest contribution to a company's profits.______

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The Answer of Indicate whether each of the following statements is true or false.
The payback method does not take the time value of money into account.______
The unadjusted rate of return indicates the length of time required to recover the initial cost of an investment.______
The payback period can only be calculated for capital investments that are expected to provide equal annual cash inflows over their useful lives.______
Generally,investments with shorter payback periods are preferred.______
Use of the payback method to analyze capital investments is the best way of identifying the projects that will make the greatest contribution to a company's profits.______

Indicate Whether Each of the Following Statements Is True or False