Discuss concept of payback period of an investment

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Question: It is critical for a business owner to make capital budgeting and investing decisions in order to maximize shareholder wealth. There are four criteria commonly utilized in making these capital budgeting decisions, such as the payback period. Analyze how the concept of payback period of an investment influences a business's capital budget investment proposal. Summarize this evaluation criterion's strengths and weaknesses.

Reference no: EM131860968

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