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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) -$35,000 12,000 17,000 14,000
Bronco, Inc., imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) Cash Flow (B) -$35,000 12,000 17,000 14,000 9,000 -45,000 11,000 13,000 16,000 255,000 2 4 What is the payback period for both projects? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Project A Project B years years
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