Assume a company is going to make an investment of $440,000 in a machine and...
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Assume a company is going to make an investment of $440,000 in a machine and the following are the cash flows that two different products would bring in years one through four.
Option A, Product A
Option B, Product B
$190,000
$145,000
185,000
185,000
55,000
60,000
20,000
60,000
A. Calculate the payback period of each product. Round your answers to 2 decimal places.
Option A, Product A
. years???
Option B, Product B
years??? .
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