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betterway betterway
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7 years ago
The payback period of a project that costs $1,000 initially and promises after-tax cash inflows of $2,000 each year for the next three years is 0.5 years.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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7 years ago
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betterway Author
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7 years ago
Helped a lot
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Thanks
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