Question: Could someone explain the formula for this below? it would be very helpful. A company is trying to decide whether to go ahead with an

A company is trying to decide whether to go ahead with an

Could someone explain the formula for this below? it would be very helpful.

investment opportunity that costs $90,000. The expected incremental cash inflows are $50,000,

A company is trying to decide whether to go ahead with an investment opportunity that costs $90,000. The expected incremental cash inflows are $50,000, while the expected incremental cash outflows are $32,000. What is the payback period? ayback peri years

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