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Siva, In., imposes a payback cutoff of three years for its international investment projects. If the company has the following two projects available, should it
Siva, In., imposes a payback cutoff of three years for its international investment projects. If the company has the following two projects available, should it accept either of them?
| Year | Cash Flow (A) | Cash Flow (B) |
| 0 | -$45,000 | -$55,000 |
| 1 | 16,000 | 13,000 |
| 2 | 21,000 | 15,000 |
| 3 | 15,000 | 24,000 |
| 4 | 9,000 | 255,000 |
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Construction Guide Accounting And Knowledge Based Audits
Authors: CPA Eric P. Wallace
1st Edition
0808020870, 978-0808020875
