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ICC Award: 2.00 points Bronco, Inc., imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) $ 35,000 12,000

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ICC Award: 2.00 points Bronco, Inc., imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) $ 35,000 12,000 17,000 14,000 9,000 Cash Flow (B) -$ 45,000 11,000 13,000 16,000 255,000 What is the payback period for both projects? (Do not round Intermediate calculations and roun answers to 2 decimal places, e.g., 32.16.) years Project A Project B years Which project should the company accept? Project A Project B References

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