Garrison Company has two investment opportunities. A cash flow schedule for the investments is provided below: YearInvestment A Investment B0 $(4300) $(4950) 1 1720? 2580? 2 1720? 1720? 3 1720? 1720? 4 1720? 860? Considering the unequal investments, which of the following techniques would be most appropriate for choosing between Investment A and Investment B?
A. Present value index
B. Payback technique
C. Net present value technique
D. None of these answers is correct.
Answer: A
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External data are those generated within the organization for which the research is being conducted
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