成本与管理会计Chapter 14.ppt

3-* * The payback method focuses on the payback period, which is the length of time that it takes for a project to recoup its initial cost out of the cash receipts that it generates. When the net annual cash inflow is the same every year, the formula for computing the payback period is the investment required divided by the net annual cash inflow. 3-* * Assume the management of the Daily Grind wants to install an espresso bar in its restaurant. The cost of the espresso bar is $140,000 at it has a ten-year life. The bar will generate annual net cash inflows of $35,000. Management requires