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I just need the answer for Project A please. Thank you Global Toys, Inc., imposes a payback cutoff of three years for its international investment
I just need the answer for Project A please. Thank you
Global Toys, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available YearCash Flow A Cash Flow B -55,000 22,000 29,000 24,000 10,000 -100,000 24,000 29,000 30,000 240,000 4 What is the payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Payback period Project A Project B ears 3.07 years
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