Example: tourism industry

Summary – Discounted

zPI is unreliable with non-conventional cash flows 9 - 5 Summary – Payback Criteria Payback period zLength of time until initial investment is recovered zTake the ppj py project if it pays back in some specified period zDoes not account for time value of money, and there is an arbitrary cutoff period 9 - 6 Mutually Exclusive vs. Independent

Tags:

  Sachs, Conventional, Payback, Non conventional cash

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