If an IT project costs $150,000 and returns net cash flows of $100,000 per year, what is

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If an IT project costs $150,000 and returns net cash flows of $100,000 per year, what is the payback period?
a. 1 year
b. 1.5 years
c. 2 years
d. 2.5 years
e. None of the above

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Accounting Information Systems

ISBN: 9781260571080

3rd International Edition

Authors: Vernon Richardson

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Question Posted: Nov 28, 2022 02:59 AM

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If an IT project costs $150,000 and returns net cash flows of $100,000 per year, what is

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The pay back period is 1 5 years The pay back period is the ...View the full answer

Accounting Information Systems

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