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Maria Bakery Company is considering two investments, both of which cost $8,000. The cash flows are as follows: a.) What is the payback period for
Maria Bakery Company is considering two investments, both of which cost $8,000. The cash flows are as follows: a.) What is the payback period for Project A \& Project B? b.) What is the net present value (NPV) for Project A \& Project B? Assume a cost of capital of 10%. Select the correct answers for parts (a) and (b). b.) $14,029 \& $19,071 a.) 0.5 years &0.8 years a.) 1 year &1 year b.) $18,071&$13,029 a.) 0.7 years &0.8 years a.) none listed b.) $14,029 \& $18,071 b.) none listed
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