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Calculating Payback. Global Toys Inc., imposes a payback cutoff of three years for its international investment projects. If the company has the following two projects
Calculating Payback. Global Toys Inc., imposes a payback cutoff of three years for its international investment projects. If the company has the following two projects available, should it accept either of them?
Year 0 1 2 3 4
Cash Flow
(A)$55,000 19,00027,00024,0009,000
Cash Flow
(B)$95,00018,00026,000 28,000 260,000
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