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27 July, 11:50

Which method (s) of project analysis is (are) best suited for use by a department manager who has no knowledge of time value of money but can estimate the cash flows of small projects with short lives fairly accurately?

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  1. 27 July, 12:02
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    Answer: The Payback Method.

    Explanation:

    The manager with his skill in business investment returns estimation can make use of the payback Method for analysis. The Payback Method of analysis is a method used to estimate how fast an investment in a business can yield the original capital invested into the business. A business investment with a shorter payback period is very desirable by most investors.
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