Challenger App

No.1 PSC Learning App

1M+ Downloads
The number of years to get back the original cost of investment:

AReturn on investment

BReturn on capital employed

CPayback period

DAccounting rate of return

Answer:

C. Payback period

Read Explanation:

Payback period measures the time needed to recover the initial investment from cash inflows


Related Questions:

There are _____ types of accounts.
A project qualifies to be accepted when the actual IRR
The basic function of accounting is
Invoice book is used for recording all
_____ is the art as well as the science of recording, classifying and summarising business transactions of financial nature expressed in money.