The payback period is generally viewed as an unsophisticated capital budgeting technique, because it ...

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The payback period is generally viewed as an unsophisticated capital budgeting technique, because it ...

The payback period is generally viewed as an unsophisticated capital budgeting technique, because it does not explicitly consider the time value of money by discounting cash flows to find present value.

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Principles of Managerial Finance

Edition: 14^th

Authors: Gitman, Zutter

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pompa Author

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Thank you, thank you, thank you!

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Brilliant ツ

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Thanks for your help!!

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