In the method of evaluation of the project profitability, the ratio of original investment to annual income is said to be:
A. Return on Investment (ROI)
B. Pay Back Period (PBP)
C. Net Present Value (NPV)
D. Initial Rate of Return (IRR)
Answer:B
In the method of evaluation of the project profitability, the ratio of original investment to annual income is said to be:
A. Return on Investment (ROI) B. Pay Back Period (PBP) C. Net Present Value (NPV) D. Initial Rate of Return (IRR)