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3. Beakman, Inc. imposes a payback cutoff of 3 years for its international investment projects. If the company has the following two projects available, should
3. Beakman, Inc. imposes a payback cutoff of 3 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)
0 -$49,000 -$55,000
1 $18,000 $13,000
2 $22,000 $15,000
3 $40,000 $24,000
4 $20,000 $255,000
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