Which of the following statements is correct concerning break-even time?
A) Break-even time is the length of time required to recover the investment made in new-product development.
B) Break-even time ignores all cash flows after the break-even time has been identified.
C) Break-even time does not consider strategic and nonfinancial reasons for product development.
D) All of the answers are correct.
Correct Answer:
Verified
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