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Siva, Inc., imposes a payback cutoff of three years for its international investment projects. Year ON + Cash Flow (A) -$ 52,000 19,000 20,000 17,000
Siva, Inc., imposes a payback cutoff of three years for its international investment projects. Year ON + Cash Flow (A) -$ 52,000 19,000 20,000 17,000 4,000 Cash Flow C (B) $ 62,000 11,000 14,000 18,000 222,000 What is the payback period for both projects? (Round your answers to 2 decimal places, e.g., 32.16.) Project A Project B Payback period years years Which project should the company accept? O Project A O Project B
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