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EX 26-6 Cash payback method Obj. 2 Lily Products Company is considering an investment in one of two new product lines. The investment required for

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EX 26-6 Cash payback method Obj. 2 Lily Products Company is considering an investment in one of two new product lines. The investment required for either product line is $540,000. The net cash flows associated with each product are as follows: (Continued) al Investment Analysis a. Recommend a product offering to Lily Products Compar each product line. b. Why is one product line preferred over the oth total net cash flows through eight periods? Capital investment Analysis a. Recommend a product offering to Lily Products Company, based on the cash payback periodifal each product line. b. Why is one product line preferred over the other, even though they both have the sane total net cash flows through eight periods

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