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12 McKernan Inc. imposes a payback cutoff of three years for its international investment projects. The company has the following two projects 10 Cash Flow

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12 McKernan Inc. imposes a payback cutoff of three years for its international investment projects. The company has the following two projects 10 Cash Flow Cash Flow Tons A 0 ---5104,200-5121,000 40.000 32.000 2 45,000 35.000 38,000 43,000 4 25.000 247.000 ces What is the payback period for both projects (Round the final answers to 2 decimal places.) Tak to Project Which project should the company accept? Project Project B

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