What are the appealing qualities of Payback Screening?
Chapter1: Financial Statements And Business Decisions
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What are the appealing qualities of Payback Screening?
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The payback method is the simplest way of checking the viability of the project.
The payback method of project screening simply means how long it will take to cover
the initial investment The payback period is the basic method of project selection and it
considers the payback period. It simply means the number of time periods that a project
needs to recover the investment made.
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