Business
Business, 16.04.2020 00:54, michellealvarez985

Bronco, Inc., imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) Cash Flow (B) 0 –$ 54,000 –$ 64,000 1 20,000 12,000 2 22,000 15,000 3 18,000 20,000 4 5,000 224,000 What is the payback period for both projects? (Round your answers to 2 decimal places, e. g., 32.16.)

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