Question: 1 12.5 EX2-2 (Algo) Two new software projects... Two new software projects are proposed to a young start-up company The Alpha project will cost $500,000

1 12.5 EX2-2 (Algo) Two new software projects...
1 12.5 EX2-2 (Algo) Two new software projects... Two new software projects are proposed to a young start-up company The Alpha project will cost $500,000 to develop and is expected to have annual net cash flow of $60,000 The Bet project will cost $200,000 to develop and is expected to have annual net cash flow of $23,000 The company is very concerned about their cash flow Calculate the payback period for each project, which project is better from a cash now standpoint (Round your answers to 2 decimal places.) points 0 Payback period for project Alpha Payback period for project Beta The better project is years you

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