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26 Catepillar Farms Inc. imposes a payback cutoff of three years for its international investment projects. Year 0 01:26:39 Cash Flow (A) 463,000 24,500 31,000
26 Catepillar Farms Inc. imposes a payback cutoff of three years for its international investment projects. Year 0 01:26:39 Cash Flow (A) 463,000 24,500 31,000 22,500 9,500 Cash Flow (B) 5 73,000 16,500 19,500 29,000 233,000 AWN- What is the payback period for both projects? (Round your answers to 2 decimal places, e.g., 32.16.) Project A Project B Payback period years years Which project should the company accept? Project A O Project B
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