Two projects are being considered for selection. Project A will cost $300,000 to implement and is expected to have annual net cash inflow of $50,000. Project B will cost $1,200,000 to implement and should generate annual net cash inflow of $200,000. The company is very concerned about their cash flow. Project B is using new technology that should give the company a market advantage if successful, whereas Project A is using proven technologies. Using the Pay Back method of project selection, whic

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Answer The payback period is the time to recuperate the expense of your investment In clear words it ... View the full answer