Explain the payback period concept used in your workplace


  • Does the concept of revenue less expense equaling an increase in equity or fund balance make sense  to you? If not, why not?
  • Are there ratios in the reports you receive ratios should be on the reports at your workplace?
  • If so, do you use them? How?
  • Have you ssen the payback period concept used in your workplace?  If not, do you think it ought to be used?  What are your reasons?
  • Have you had a chance to participate in an evaluation of an equipment purchase at your workplace?  If so, would you have done it diffrently if you had supervised the evaluation? Why?

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Finance Basics: Explain the payback period concept used in your workplace
Reference No:- TGS0513989

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