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Problem 9-3 Calculating Payback [LO2] Siva, Inc., imposes a payback cutoff of three years for its international investment projects Cash Flow Year Cash Flow (A)
Problem 9-3 Calculating Payback [LO2] Siva, Inc., imposes a payback cutoff of three years for its international investment projects Cash Flow Year Cash Flow (A) 67,000S 26,500 35,000 24,500 11,500 77,000 18,500 21,500 33,000 237,000 2 4 What is the payback period for both projects? (Round your answers to 2 decimal places, e.g., 32.16.) Payback period Project A Project B years years Which project should the company accept? O Project B O Project A
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