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Assume a $250,000 investment and the following cash flows for two products: (7pts) Year 1 2 3 4 Product X $90,000 90,000 60,000 20,000 Payback
Assume a $250,000 investment and the following cash flows for two products: (7pts) Year 1 2 3 4 Product X $90,000 90,000 60,000 20,000 Payback Product X = Payback Product Y = Which alternatives would you select under the payback method? Product Y $50,000 80,000 60,000 70,000
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