Ch. 8 Homework Saved 4 Stenson, Inc., imposes a payback cutoff of three years for...
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Ch. 8 Homework Saved 4 Stenson, 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 $49,000-$ 94,000 19,000 21,000 2 25,400 26,000 3 21,000 33,000 4 7,000 246,000 1.08 points 1 eBook 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.) Print years References Project A Project B years Which, if either project(s) should the company accept
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