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Lily Products Company is considering an investment in one of two new product lines. The investment required for either product line is $540,000. The net

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Lily Products Company is considering an investment in one of two new product lines. The investment required for either product line is $540,000. The net cash flows associated with each product are as follows: a. Rocommend a product offering to Lllv Products Company, based on the cash payback period for each product line. Payback period for liquid soap Payback period for body lotion b. The project with the inet cash flows in the earty years of the profect life will befavored over the one with the net cash flow 5 in the inital vears

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