Business Its Legal Ethical & Global Environment
10th Edition
ISBN:9781305224414
Author:JENNINGS
Publisher:JENNINGS
Chapter13: Contracts And Sales:performance And Remedies
Section13.1: Defenses In Contract Formation
Problem 3CQ
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Question
What are the benefits and Flaws of Payback Screening?
Expert Solution
Step 1
The payback period alludes to what extent it takes for a speculator to hit breakeven to recoup the expense or initial investment of a venture, or to what extent it takes. Record and reserve chiefs utilize the restitution time frame to choose if speculation is to experience.
Step 2
Shorter paybacks mean increasingly appealing speculations while there is a less attractive quality for longer restitution periods. The payback period is dividing the amount of the investment by the annual cash flow.
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