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Snyder Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available YearCash Flow

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Snyder Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available YearCash Flow (A) Cash Flow (B) -55,000 19,000 27,000 24,000 9,000 95,000 18,000 26,000 28,000 260,000 2 4 Requirement 1 What is the payback period for each project? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) Payback period Project A Project B years years Requirement 2 Should it accept either of them? (Click to select)

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