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alireads alireads
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A year ago
The payback period is defined as the amount of time, in years, that it takes

▸ for an investment to return the original amount of the capital plus the required rate of return.

▸ for an investment to return the original amount of invested capital.

▸ the company to earn enough profit generated from the capital asset to cover its cost.

▸ the company to provide a required return on the capital asset.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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revanchistrevanchist
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A year ago
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alireads Author
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A year ago
Thanks
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Yesterday
Helped a lot
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2 hours ago
Good timing, thanks!
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