Respondents were asked how frequently they used seven capital budgeting methods: net present value, profitability index, internal rate ofreturn, modified internal rate of return, payback, discounted payback, and accounting rate of return. The responses were on a five point Likert scale with the following percentages attached to each alternative in an attempt to quantify the responses: "always" (100%), "often" (approximately 75%), "sometimes" (approximately 50%), "rarely" (approximately 25%), and "never" (0%)