Question: Calculating Payback Old Country, Inc., imposes a payback cutoff of three years for its international investment projects. If the company has the following two projects
Calculating Payback Old Country, Inc., imposes a payback cutoff of three years for its international investment projects. If the company has the following two projects available, should it accept either of them?

Year Cash Flow (A) Cash Flow (B) -S 50,000 -S 70,000 0. 35,000 15,000 21,000 22,000 10,000 31,000 4. 5,000 240,000 1. 2. 3.
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