Question

11) The payback period is the length of time it takes an investment to generate sufficient cash flows to enable the project to: Group of answer choices offset its total expenses. recoup its initial cost. offset its fixed expenses. produce a positive cash flow from assets. produce a positive annual cash flow.

Answer 1

Answer:

recoup its initial cost.

Explanation:

The payback period is the time period in which the investor wants to cover up the investment in the specific time period. It is the period in which the investor wants to take the investment amount

Therefore according to the given option, the second option is correct and the same is to be considered

Therefore the other options are wrong