Advantages of the payback method include the following.
A) The technique is simple for managers to compute and interpret.
B) It is a good measure of liquidity risk.
C) Both a and b,
D) None of the above.
Answer: C
Advantages of the payback method include the following.
A) The technique is simple for managers to compute and interpret.
B) It is a good measure of liquidity risk.
C) Both a and b,
D) None of the above.
Answer: C