Small businesses will often use the payback method or a similar less sophisticated approach for all of these reasons except which one?a) Bankers and finance companies focus on how a loan will be repaid, and how long that will takeb) Other options, like NPV and IRR, are often out of reach in terms of complexityc) Payback helps focus on the most important measure, actual time to repaymentd) The less sophisticated methods are also easier to use, and available to even those with no finance background.

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next