10) Porter Company is analyzing two potential investments. on ad on bluoriz Initial investment Net cash flow: Year 1 Year 2 Year 3 Year 4 Project X $ 83,850 Project Y $ 69,000 tnamdasvoi e 28,500 4,900 28,500 30,500 28,500 30,500 0 30,000 If the company is using the payback period method, and it requires a payback of three years or less, which project(s) should be selected? A) Project Y. B) Project X. C) Both X and Y are acceptable projects. D) Neither X nor Y is an acceptable project. 008.01 2 008 w A muza 211 D = I R