Your company accepts projects with a two year or less payback period. What should you...
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Accounting
Your company accepts projects with a two year or less payback period. What should you do based on the following information?
Cash Flow Period 0 1 2 3
project A -$78,000 $30,000 $48,000 $14,000
project B -$74,000 $12,000 $16,000 $75,000
Extend the payback period for project A since it has a higher initial cost, which would make.
a. Accept project A and reject project B.
b. Reject both project A and project B.
c. Accept project B and reject project A.
d. Accept both project A and project B.
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