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Kara, Incorporated, imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) 0 -$ 68,000 27,000 2 36,000
Kara, Incorporated, imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) 0 -$ 68,000 27,000 2 36,000 3 25,000 4 12,000 Cash Flow (B) -$ 78,000 19,000 22,000 34,000 238,000 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 Project B years years
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