Dr. D.H.Ellen puts forth the index of Equivalent Maximum Investment Period to improve the payback period index on project investment. This paper tests that it is incorrect to improve payback period with Equivalent Max...Dr. D.H.Ellen puts forth the index of Equivalent Maximum Investment Period to improve the payback period index on project investment. This paper tests that it is incorrect to improve payback period with Equivalent Maximum Investment Period, and even a wrong conclusion may be resulted from the improvement.展开更多
文摘Dr. D.H.Ellen puts forth the index of Equivalent Maximum Investment Period to improve the payback period index on project investment. This paper tests that it is incorrect to improve payback period with Equivalent Maximum Investment Period, and even a wrong conclusion may be resulted from the improvement.