payback period
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
An investment project that requires a present investment of P210,000 will have a
I. If “R” is less than P42,000, the payback period exceeds the life of the project.
II. If “R” is greater than P42,000, the payback period exceeds the life of the project.
III. If “R” equals P42,000, the payback period equals the life of the project.
A. II and III
B. I and II
C. I and III
D. All of the statements
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