Question 1: Two new software projects are proposed to a young, start-up company. The Alpha project will cost $150,000 to develop and is expected to have annual net cash flow of $40,000. The Beta project will cost $200,000 to develop and is expected to have annual net cash flow of $50,000. The company is very concerned about their cash flow. (CLO#1)(5 marks) an A) Using the payback period, which project is better from a cash flow standpoint? Why? (3 marks) B) The Company wants to use weighted scoring matrix method for evaluating the potential projects considering additional factors/ criteria. Using the scoring matrix and given information, which project will be selected? (2 marks) Criteria Strategy Urgency Availability of Total Resources weight fit Weight 5.0 2.0 3.0 110 Project Alpha 15 5 Project Beta 8 15