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

a. True
b. False

2 Answers

1 vote

Answer:True

Step-by-step explanation:

it shows how long before the company recoups its original investment

User Johnson T A
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4 votes

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.

User Carter Medlin
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