Which one of two investment opportunities should you pursue


Problem

Imagine you are the manager of a business. After calculating the payback period of two different potential investment opportunities, you find the payback periods of both investments are shorter than the payback period required by the business. One investment opportunity's payback period is however shorter than the other.

Which one of the two investment opportunities should you pursue?

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Managerial Accounting: Which one of two investment opportunities should you pursue
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