Buy Coastal, Inc. imposes a payback cutoff of three years for its international investment projects....

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Accounting

Buy Coastal, Inc. imposes a payback cutoff of three years for its international investment projects. If the company has the following two projects available, should it accept either of them?

Year

Cashflow (A)

Cashflow (B)

0

-$60,000

-$70,000

1

23,000

15,000

2

28,000

18,000

3

21,000

26,000

4

8,000

230,000

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