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Global Toys, Inc, imposes a payback cutoff of three years for its international investment projects Assume the company has the following two projects available Year

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Global Toys, Inc, imposes a payback cutoff of three years for its international investment projects Assume the company has the following two projects available Year Cash Flow A Cash Flow B -$ 54,000 99,000 23,500 28,500 30.500 9 500 241000 21,500 228 400 23 500 Requirement 1: What is the payback penod for each project? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) Payback period Project A Project B years years Requirement 2: Should it accept either of them? (Click to select)

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