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shbensonjr shbensonjr
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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


Edition: 4th
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szsz
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A month ago
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More solutions for this book are available here
It is a simple technique.

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shbensonjr Author
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A month ago
this is exactly what I needed
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Yesterday
Just got PERFECT on my quiz
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2 hours ago
Smart ... Thanks!
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