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Assignment -
Option A: You are newly hired as an accountant for the Hill Business Technologies, Inc., a small service business that has no formal capital budgeting system. The president of your company, Janice Hill, has requested that you write a memo to her explaining what the net present value method of investment evaluation is, how it differs from the payback period method of investment evaluation is, how it differs from the payback period method, and why Hill Business Technologies should use the net present value method for capital budgeting purposes instead of the payback method.
Note - Submit a 2 to 4 page. Must be typed, edited in good form and single-spaced.
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This solution was based on writing a memo on NPV and Payback methods of investment. All the present contents are in accordance with the given and said instructions there in the assignment and rubrics and were free from plagiarism. Word count total of this solution was more than 900. The final solution to this assignment is submitted in the Microsoft Office Word document file in Times New Roman 12 font size.
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