All of the following are criticisms of the payback period criterion EXCEPT
A) it deals with accounting profits as opposed to cash flows.
B) cash flows occurring after the payback are ignored.
C) time value of money is not accounted for.
D) None of the above; they are all criticisms of the payback period criteria.
A
Business
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Who typically sets prices in large and small companies?
What will be an ideal response?
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