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Capital Budgeting (Payback Period and NPV): Project Initial Investment ($) Cash Flows Year 1 ($) Cash Flows Year 2 ($) Project A 550,000 200,000 220,000

  1. Capital Budgeting (Payback Period and NPV):

Project

Initial Investment ($)

Cash Flows Year 1 ($)

Cash Flows Year 2 ($)

Project A

550,000

200,000

220,000

Project B

600,000

250,000

270,000

Compute the payback period and net present value (NPV) for each project. 

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