A very useful guide for making investment decisions is: The shorter the payback period, the more profitable the project

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The payback period is a measure used to determine the time it takes for an investment to recoup its initial cost. The shorter the payback period, the faster the investment is expected to generate profits and the more profitable it is considered to be. Therefore, determining the payback period is a useful guide for making investment decisions.

A Very Useful Guide for Making Investment Decisions Is: the Shorter