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Which of the following is an advantage of the payback period?
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Which of the following is an advantage of the payback period?
Which of the following is an advantage of the payback period?
▸ It is a simple technique.
▸ It provides a clear indicator of when the investment will be recovered.
▸ Since depreciation is not included in the calculation, the result is not distorted.
▸ Accounting records are generally not based on cash flow, so the information for the calculation is readily available.
Textbook
Managerial Accounting
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th
Author:
Davis
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It is a simple technique.
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shbensonjr
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this is exactly what I needed
asd454512
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Just got PERFECT on my quiz
jbag1237
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Smart ... Thanks!
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