Answered

Welcome to Westonci.ca, the Q&A platform where your questions are met with detailed answers from experienced experts. Get immediate and reliable answers to your questions from a community of experienced professionals on our platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

If a project cost is only $100 up front and its annual benefits are $20/year, what is its payback period in years?

Sagot :

The correct answer of the question is 5 years.

If a project cost is only $100 up front and its annual benefits are $20/year then the payback period in years is 5 years.

What is project cost?

  • Every project that an organization decides to work on generates some expenses. These expenses are of two types.  
  • Direct costs: it includes fixed labor, materials etc.
  • Indirect costs: includes utility etc...
  • The cost of the project is estimated by the project manager.  

What is payback period?

  • It refers to the time that a person/ company would take to return the money of investment.
  • Payback period= cost of investment/ average annual cash flow
  • It helps us in understanding how much time it would take to recover the initial costs.

To learn more about  investment visit: https://brainly.com/question/27847789

#SPJ4

Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.