emmanciunhic emmanciunhic
  • 24-04-2017
  • Business
contestada

Payback is best used to evaluate which type of projects

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kaylalowe7882 kaylalowe7882
  • 24-04-2017
The answer is Low-cost, long-term: Any size of long-term project


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andriansp andriansp
  • 26-04-2017
payback is best to evaluate: Low cost, short term projects

In payback method of evaluation, we count the amount of return that we get from the investment that we made on a specific project.
Payback method is impossible to be used to evaluate the large, long-term projects which commonly take years just to reach break even point
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