Mollette Industries uses the payback period as its primary means for ranking capital projects. Which of the following most likely describes Mollette Industries with regard to location and management educationLocation Management education()
A. European-based firm MBA degree or higher
B. European-based firm Undergraduate degree or lower
C. U.S. based firm MBA degree or higher
参考答案:B
解析:
Despite the theoretical superiority of the NPV and IRR methods for determining and ranking project profitability, surveys of corporate managers show that a variety of methods are used. Firms that were most likely to use the payback period method were European firms and management teams with less education.