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PPNC Corporation is using Payback period to choose one project out of four options using payback period as the only deciding factor. Analyse each project

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PPNC Corporation is using Payback period to choose one project out of four options using payback period as the only deciding factor. Analyse each project to recommend the best project that could be selected by the company and provide reasons for your selection. Project Name Initial investment Cash inflow Project A: Customer Service Systems Upgrade $300,000, Payback $10,000 Per Month Project B: Repaving of the Customer Parking Lot $100,000, Payback $7,000 each Month Project C: Warehouse Expansion and racking $400,000, Payback $85,000 Per Quarter Project D: Reorder Level automation for Distribution unit $500,000, Payback $41,700 per month

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