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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?
YearCash Flow (A)0$55,000 19,000 27,000 24,000 9,000
Cash Flow (B)$ 95,000118,000226,000328,0004260,000
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