Two new software projects are proposed to a young, start-up company. The Alpha project will cost $900,000 to develop and is expected to have annual net cash flow of $350,000. The Beta project will cost $600,000 to develop and is expected to have annual net cash flow of $140,000. The company is very concerned about their cash flow.

What is the payback for each project

Which project would be best given the company is concerned about cash flow?