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Kara, Incorporated, imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) Cash Flow (B) 0 $ 63,000 $
Kara, Incorporated, imposes a payback cutoff of three years for its international investment projects. |
Year | Cash Flow (A) | Cash Flow (B) |
---|---|---|
0 | $ 63,000 | $ 73,000 |
1 | 24,500 | 16,500 |
2 | 31,000 | 19,500 |
3 | 22,500 | 29,000 |
4 | 9,500 | 233,000 |
What is the payback period for both projects? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) |
Project A: years
Project B : years
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