Which of the following statements concerning payback analysis is true?
A. The payback method ignores the time value of money concept.
B. The payback method and the unadjusted rate of return are different approaches that will not consistently lead to the same conclusion.
C. An investment with a shorter payback is preferable to an investment with a longer payback.
D. All of these answers are correct.
Answer: D
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Birds hitting a plane on takeoff causing engine failure in flight is an example of what component of the skills model by Mumford?
A. competencies B. individual attributes C. career experiences D. environmental influence
Coffer Co. is analyzing two potential investments. Project XProject YCost of machine$77,000 $55,000 Net cash flow: Year 1 28,000 2,000 Year 2 28,000 25,000 Year 3 28,000 25,000 Year 4 0 20,000 If the company is using the payback period method and it requires a payback of three years or less, which project(s) should be selected?
A. Both X and Y are acceptable projects. B. Project X. C. Project Y. D. Neither X nor Y is an acceptable project. E. Project Y because it has a lower initial investment.
A function of a product champion is to
A. have the status, authority, and resources to sponsor an innovation. B. have the technical skills needed to install and operate the technology. C. be responsible for promoting a new technology throughout the organization. D. be responsible for coordinating the technological efforts of various business units. E. be responsible for developing a new technology.
President Bill Clinton attempted to protect American firms from foreign competition by placing a government tax on Japanese automobiles imported to the United States. President Clinton's goal was to raise the price on Japanese imports, thereby encouraging American consumers to purchase American-made automobiles. The tax the President threatened to impose is an example of a ________.
A. boycott B. sanction C. tariff D. subsidy E. quota