Training cost $2,500 and a project required an initial investment of $23,500. If the project yields monthly savings of $2,500 beginning after 4 months, what is the payback period in months (before…

The correct answer is A. Return on Investment. The ROI for a project is a measurement metric that stands for _____________________ and is one of the methods used to measure the success of a Lean Six Sigma project.

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Question

Training cost $2,500 and a project required an initial investment of $23,500. If the project yields monthly savings of $2,500 beginning after 4 months, what is the payback period in months (before money costs and taxes)?

Options

AReturn on Investment
BRecognition of Innovation
CRecovery of Investment
DReturn on Inventory

How the community answered

(32 responses)

A
91% (29)
B
6% (2)
C
3% (1)

Explanation

The ROI for a project is a measurement metric that stands for _____________________ and is one of the methods used to measure the success of a Lean Six Sigma project.

Topics

#ROI#return on investment#financial analysis#payback period

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