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Project Bronco, Inc., imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) Cash Flow (B) 0 $ 69,000
Project Bronco, Inc., imposes a payback cutoff of three years for its international investment projects. |
Year | Cash Flow (A) | Cash Flow (B) | |||||
0 | $ | 69,000 | $ | 79,000 | |||
1 | 27,500 | 19,500 | |||||
2 | 37,000 | 22,500 | |||||
3 | 25,500 | 35,000 | |||||
4 | 12,500 | 239,000 | |||||
What is the payback period for both projects? (Round your answers to 2 decimal places, e.g., 32.16.) Project A ______ years Project B ______years
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