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Why would Jennifer say that?

Why would Jennifer say that?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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20:51 K ← Today 20:49 This fails to factor in the time value of money. Akosua Oduro I know, but they are a quick back of the napkin method that works for short payback periods. Why would Jennifer say that? Select all that apply, then click Submit below go Send KB/S LTE Jennifer You know I need to put my finance hat on and say those numbers aren't very accurate. She is concerned with calculating the payback period over a much longer time frame. This does not value current money more than future money. Jennifer would prefer to use the internal rate of return, which is more accurate. Favourite 5G Edit 69% ||| Delete More
Transcribed Image Text:20:51 K ← Today 20:49 This fails to factor in the time value of money. Akosua Oduro I know, but they are a quick back of the napkin method that works for short payback periods. Why would Jennifer say that? Select all that apply, then click Submit below go Send KB/S LTE Jennifer You know I need to put my finance hat on and say those numbers aren't very accurate. She is concerned with calculating the payback period over a much longer time frame. This does not value current money more than future money. Jennifer would prefer to use the internal rate of return, which is more accurate. Favourite 5G Edit 69% ||| Delete More
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