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Janina, Incorporated, has the following mutually exclusive projects. Year Project A Project B 0 -$ 20,000 -$ 23,000 1 12,000 13,000 2 8,500 9,500
Janina, Incorporated, has the following mutually exclusive projects. Year Project A Project B 0 -$ 20,000 -$ 23,000 1 12,000 13,000 2 8,500 9,500 8,500 7:58 3 2,900 a-1. Calculate the payback period for each project. (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) ces Project A Project B years years a-2. If the company's payback period is two years, which, if either, of these projects should be chosen? O Project A O Project B O Both projects
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