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Bronco, Inc., imposes a payback cutoff of three years for its international investment projects. Year 0 1 2 3 4 Cash Flow (A) Cash Flow
Bronco, Inc., imposes a payback cutoff of three years for its international investment projects. Year 0 1 2 3 4 Cash Flow (A) Cash Flow (B) -$70,000 -$ 80,000 28,000 20,000 38,000 23,000 26,000 36,000 13,000 240,000 What is the payback period for both projects? (Round your answers to 2 decimal places, e.g., 32.16.) Project A Project B years years Which project should the company accept? Project A Proiect R
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