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A new start - up company is reviewing two software implementation projects. The Alpha project willcost $ 1 5 0 , 0 0 0 and
A new startup company is reviewing two software implementation projects. The Alpha project willcost $ and it is expected to have annual net cash flow of $ The Beta project will cost$ to develop and the expected annual net cash flow is $ The company is very concernedabout cash flow. Using the payback period considerations, which project provided better cash flow?Explain why
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