Final answer:
The payback period is a capital investment evaluation technique that is easy to calculate and usually has the needed information available.
Step-by-step explanation:
The capital investment evaluation technique that offers the advantages of being easy to calculate and having the needed information usually available is the Payback period. The payback period is the length of time it takes for the initial investment to be recovered through the cash flows generated by the investment. It is a simple and straightforward method that does not require complex calculations or extensive data.