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3 Problem 9-3 Calculating Payback (LO2] 10 points Siva, Inc., imposes a payback cutoff of three years for its International investment projects Year eBook 0
3 Problem 9-3 Calculating Payback (LO2] 10 points Siva, Inc., imposes a payback cutoff of three years for its International investment projects Year eBook 0 Cash Flow Cash Flow (A) (B) $65,000 75,000 25,500 17.500 33,000 20,500 23,500 31,000 10,500 235,000 1 2 3 Print References What is the payback period for both projects? (Round your answers to 2 decimal places, e.g.. 32.16.) Payback period Project A years Project B years Which project should the company accept? Project B O Project A
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