Why is NPV preferred over Payback Period?
Why is NPV preferred over Payback Period?
پے بیک پیریڈ پر این پی وی کو ترجیح کیوں دی جاتی ہے؟
Explanation
NPV is preferred over Payback Period.
Because it considers the time value of money.
It recognizing that a dollar today is worth more than a dollar in the future.