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Author Question: Use the information for the question(s) below.Project AProject BTime 0 -10,000-10,000Time ... (Read 19 times)

mcmcdaniel

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Use the information for the question(s) below.
Project AProject B
Time 0 -10,000-10,000
Time 15,0004,000
Time 24,0003,000
Time 33,00010,000


If WiseGuy Inc. uses payback period rule to choose projects, which of the projects (Project A or Project B) will rank highest?
◦ Project A
◦ Project B
◦ Project A and Project B have the same ranking.
◦ Cannot calculate a payback period without a discount rate.


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Marked as best answer by mcmcdaniel on Jul 9, 2019

aprice35067

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mcmcdaniel

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Reply 2 on: Jul 9, 2019
YES! Correct, THANKS for helping me on my review


Joy Chen

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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