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Bronco, Inc., imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) Cash Flow (B) 0 -$ 69,000 -$

Bronco, Inc., imposes a payback cutoff of three years for its international investment projects.

Year

Cash Flow (A)

Cash Flow (B)

0

-$

69,000

-$

79,000

1

27,500

19,500

2

37,000

22,500

3

25,500

35,000

4

12,500

239,000

What is the payback period for both projects?(Round your answers to 2 decimal places, e.g., 32.16.)

Which project should the company accept?

  • Project B
  • Project A

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