Help with Payback!!!!

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System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in General student discussion
Could anyone explain payback for me & how to work it out??
Beacuse i have had a very thin handout on it which isnt very helpfull!!!

THANKS!!!

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  • System
    System Posts: 100,534 🤖 Admin 🤖
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    Re:Help with Payback!!!!

    If you pay cash now for an asset, the payback period is the time it takes to generate the cash flow back that pays back what have paid out.
  • System
    System Posts: 100,534 🤖 Admin 🤖
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    Re:Help with Payback!!!!

    Thanks for re-plying,could you help with labour??

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