ebook Year CerNOW I Obe r mergele Calculator Print item Cash Payback Method Lily Products Company is considering an investment in one of the new product lines. The investment required for other product line is $540,000. The net cash flows associated with each product are as follows: Liquid Soap Body Lotion $170,000 $90,000 150,000 90,000 120,000 90.000 100,000 90.000 70,000 90,000 40,000 90.000 40,000 30,000 Total $720,000 $720,000 90,000 90,000 a. Recommend a product offering to Lily Products Company, based on the cash payback period for each product line Liquid Soap Payback period for liquid soap 1 year X Payback period for body lotion 5 years will be favored over the one with the smallest net cash flows in the net cash flows in the early years of the project b. The project with the greatest years. My W a. For both products, start with year 1 and accumulate the annual net cash flows une the amount to be invested is reached b. Consider the time value of money Previous Next > O more Check My Work uses remaining Save and Submit Assignment for Grading