Cash Payback Method Bliss Beauty Products is consldering an nvestment In one of two new product lines. The Investment required for elther product line Is $3, 150,000. The net cash flows assoclated with each product are shown below Year Shampoo/Conditioner $707,000 650,000 550,000 BO5,000 438,000 200,000 100,000 100,000 $3,550,000 Body Wash $450,000 450,000 450,000 450,000 450,000 450,000 450,000 450,000 Total $3,600,000 a. Recommend a product offering to Bliss Beauty Products, based on the cash payback period for each product line. Payback period for Shampoo/Conditioner: Payback period for Body Wash: b. All of the following statements are true regarding the product lines except: a. The cash payback periods are different between the two product lines. b. The Body Wash eams cash faster than does the Shampoo/Conditioner c. The cash payback method emphasizes the initial years' net cash flows in determining the cash payback period d. The project with the greatest net cash flows in the early years of the project life will be favorad over the one with less net cash flows in the initial years. c. Assume that instead of $550,000 of cash flows in Year 3 and $805,000 in Year 4, the Shampoo/Conditioner had cash flows of?600,000 in Year 3 and?901,000 in Year 4. what would be the cash payback period assuming that the cash flows occur unlformly throughout the year