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Porter Co. Is analyzing two projects for the future. Assume that only one project can be selected. Project X Project Y $64,800 Cost of machine

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Porter Co. Is analyzing two projects for the future. Assume that only one project can be selected. Project X Project Y $64,800 Cost of machine $57,900 Net cash flow: Year 1 22,900 4,000 Year 2 22,900 26,200 Year 3 22,900 26,200 Year 4 20,00e The payback perlod In years for Project Y Is: Multiple Cholce 200 3.93. 3.06 3.08

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