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eBook Assume a company going to make an investment of $450,000 in a machine and the following are the cash flows that two different
eBook Assume a company going to make an investment of $450,000 in a machine and the following are the cash flows that two different products would bring in years one through four. Option A, Optic B, Product A Prod B $190,000 $145,000 195,000 185,000 60,000 15,000 55,000 75,000 A. Calculate the payback period of each product. Round your answers to 2 decimal places. Option A, Product A 3.33 years x years Option B, Product B) B. Which of the two options would you choose based on the payback method? Option A, Product A Check My W The intial investment will be offset by the cash flows for each year Continue until the initial Investment is depleted to determine the total payback penod
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