Question: 1. In considering the payback period for three projects, Flu Corp. gathered the following data about cash flows: Cash Flows By Year Year 1 Year

 1. In considering the payback period for three projects, Flu Corp.

1. In considering the payback period for three projects, Flu Corp. gathered the following data about cash flows: Cash Flows By Year Year 1 Year 2 Year 3 Year 4 Year 5 Project A $(10,000) $3,000 $3,000 $3,000 $3,000) Project B (25,000) 14,000 15,000 (10,000) 15,000 Project C (10,000) 5,000 5,000 Which of the projects will achieve payback within three years? a) Projects A, B, and C. b) Projects B and C. c) Project B only. d) Projects A and C

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