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Describe the payback period approach to capital budgeting.

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In your own words, answer this unit’s discussion questions in a main post (recommended minimum 300 words), and respond to at least two peers’ postings (recommended minimum 75 words).

 

After you have reviewed the Assignment Details below, click the Discussion Board link under the My Work heading above to open the Discussion Board and make your post.

 

Assignment Details

 

Capital budgeting techniques aid business with investment decision making. Many approaches can be used, with some being more advanced than others.

 

Describe the payback period approach to capital budgeting.

Explain 1 advantage and 1 disadvantage of the technique.

Explain why it would be wise for a financial manager to learn advanced capital budgeting techniques.

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