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Spender Ltd has decided to invest in a new computer. The various options are listed below, along with the relevant cash flows from each option.

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Spender Ltd has decided to invest in a new computer. The various options are listed below, along with the relevant cash flows from each option. You are asked to rank the machines using three different methods. Machine Cost 000s 115 000s 120 000s 134 Net cash inflows Year Cost of capital is considered to be 10%. Firstly, using the PAYBACK method, which machine is Ranked 1? Select one: a. Machine A b. Machine B c. Machine

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