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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. 10 points

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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. 10 points Year Cash Flow A Cash Flow B 0 $ 51,000 -$ 96,000 1 20,000 22,000 2 26,600 27,000 22,000 32,000 8,000 244,000 eBook Print 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.) References Project A Project B 2.37 years 3.08 years Which, if either project(s) should the company accept

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