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any investment that requires more than three years to recover the firm's initial investment. The cash flows for the three projects (Project A, Project B,

image text in transcribed any investment that requires more than three years to recover the firm's initial investment. The cash flows for the three projects (Project A, Project B, and Project C) are as follows: a. Given Bar-None's three-year payback period, which of the projects will qualify for acceptance? b. Rank the three projects using their payback period. Which project looks the best using this criterion? Do you agree with this ranking? Why or why not? a. Given the cash flow information in the table, the payback period of Project A is years. (Round to two decimal places.)

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