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Question:

Which project should the committee select?

A There isn’t enough information in the question to determine an answer.
explanation

There isn’t enough information in this question to determine an answer. Payback period is the least precise of cash flow analysis techniques, but in this question, the payback periods are all the same. Initial investment isn’t enough information to help choose among the projects.

Comments

edenegayle

2 years ago

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nikhildv

2 years ago

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kerbs2CB

2 years ago

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