Siva, Inc., imposes a payback cutoff of three years for its international investment projects. Year 0, 1, 2, 3, 4 Cash Flow (A) -$68,000, $27,000, $36,000, $25,000, $12,000 Cash Flow (B) –$ 78,000, $19,000, $22,000, $34,000, $238,000
What is the payback period for both projects? Project A or Project B
Which project should the company accept? Project A or Project B