Maximizing Profits and Sustainability: Financial Planning Tools for P2 Projects
The article discusses financial planning tools for pollution prevention projects. It looks at factors like payback period, internal rate of return, benefit-to-cost ratio, and present value of net benefit. The payback period measures how long it takes to break even on an investment. Return on investment is the interest rate equivalent to a project's return. The B/C ratio compares financial benefits to costs. Present value of net benefits shows the value of a project in today's terms.