Kristi wants to start training her most junior assistant, Amy, in the art of pro

Question

Kristi wants to start training her most junior assistant, Amy, in the art of project analysis. Amy has just started college and has no experience or background in business finance. To get her started, Kristi is going to assign the responsibility for all projects that have initial costs less than $1,000 to Amy to analyze. Which method is Kristi most apt to ask Amy to use in making her initial decisions? discounted payback profitability index internal rate of return payback average accounting return

Explanation / Answer

correct answer is payback

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