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Stenson, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. 0 59.00
Stenson, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. 0 59.00 Year Cash Flow A Cash Flow B 59,000 - $ 104,000 24,000 26,000 31,400 31,000 26,000 28,000 12,000 236,000 Nm+ What is the payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Project A Project B years years Which, if either, project(s) should the company accept
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