finance

Dec 11th, 2013
KateS
Category:
Accounting
Price: $10 USD

Question description

Buy Coastal, Inc., imposes a payback cutoff of three years for its international investment projects.


YearCash Flow (A)Cash Flow (B)
0–$60,000–$70,000
123,00015,000
228,00018,000
321,00026,000
48,000230,000

What is the payback period for both projects? (Round your answers to 2 decimal places. (e.g., 32.16))


Payback period
 Project A years  
 Project B years  

Which project should the company accept?

Project A
Project B

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