Question

The payback method shows how long will be required to recover the cost of an investment in a capital asset.

a. True
b. False

Answer 1

Answer:True

Step-by-step explanation:

it shows how long before the company recoups its original investment

Answer 2

Answer: a. True

Step-by-step explanation:

Note that this system doesn't take into account the time value of money. Some analyst prefers its simplicity.