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Question 12 Assume a $250,000 investment and the following cash flows for two products: Required: Year Product X 1234 $ 90,000 90,000 60,000 20,000

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Question 12 Assume a $250,000 investment and the following cash flows for two products: Required: Year Product X 1234 $ 90,000 90,000 60,000 20,000 a) Calculate the payback for products X and Y. (8 marks) b) Which alternative would you select under the payback method? (2 mark) Product Y $ 50,000 80,000 60,000 70,000 10 Points

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