Definition of Benefit-cost ratio (B-C)

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TeachMeFinance.com - explain Benefit-cost ratio (B-C)



Benefit-cost ratio (B-C)

The term 'Benefit-cost ratio (B-C)' as it applies to the area of reclamation can be defined as ' The ratio of the present value of project benefits to the present value of the project costs, used in economic analysis'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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