How much time will it take to recover the cost for this project?

A Project Manager was assigned to manage a project to develop pink widgets for the Project Manager’s company. The project will cost the company $650,000 over the next 12 months. It is projected that the widgets will earn the company $20,500 per month. How much time will it take to recover the cost for this project?

Question:

How much time will it take to recover the cost for this project?

Options:

28 months

32 months

36 months

Not enough information

Correct Answer

The Correct Answer for this Question is

32 months

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