jadalawler3
24.04.2020 •
Business
Global Toys, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. Year Cash Flow A Cash Flow B 0 –$ 58,000 –$ 103,000 1 23,500 25,500 2 30,800 30,500 3 25,500 28,500 4 11,500 237,000 Requirement 1: What is the payback period for each project?
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