Project C will cost $30,000 and will generate $5,000 per year in new revenue. Project D will cost $120,000 and generate $50,000 per year in new revenue. Which is the better project from a payback period standpoint?

Project D

Explanation:

Payback period calculates the amount of time it takes to recover the amount invested in a project.

Pay back period = Cost of project / revenue from project.

For project c, its Pay back period is $30,000 / $5,000 = 6 years

For project d, the Pay back period is $120,000 / $50,000 = 2.4 years

The project with the shorter Pay back period is better

I hope my answer helps you

i guess you could put raise the economic balance

if it is for a job, then you should learn everything you can about the job, like what does it involve, what qualification is required and how you are the right person for that job. dress appropriately for the interview. get plenty of rest the night before. good luck!