Other factors held constant, but the lesser project liquidity is because of __________?

Correct answer: B. greater payback period

  • A. shorter payback period
  • B. greater payback period
  • C. less project return
  • D. greater project return

Explanation

Liquidity is lower when the payback period is longer because the initial investment remains tied up for more time before being recovered. A shorter payback period indicates quicker recovery and greater liquidity.

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Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.

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