The payback period is how long it will take to recover money invested in a project, and the so-called straight-payback-period calculation is the simplest way of determining the project's investment ...

Definition: An investment’s payback period in years is equal to the net investment amount divided by the average annual cash flow from the investment. What it means: How long will it take to get my ...

The key to effective decision making is evaluating alternatives and selecting the most feasible and valuable among the options. Capital budgeting is a quantitative assessment that involves forecasting ...