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Buy Coastal, Inc., imposes a payback cutoff of three years for its international investment projects. ear Flor(A) Cash Flow (B) 2 3 4 -5 66,000
Buy Coastal, Inc., imposes a payback cutoff of three years for its international investment projects. ear Flor(A) Cash Flow (B) 2 3 4 -5 66,000 76,000 18,000 21,000 32,000 11,000 236,000 26,000 34,000 24,000 What is the payback period for both projects? (Round your answers to 2 decimal places. (e.g., 3216)) Payback period Project A Project B years years Which project should the company accept? O Project B O Project A
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