Question: 5.55 points Problem 9-3 Calculating Payback [LO2) Siva, Inc., imposes a payback cutoff of three years for its international investment projects, Year 0 Cash Flow
5.55 points Problem 9-3 Calculating Payback [LO2) Siva, Inc., imposes a payback cutoff of three years for its international investment projects, Year 0 Cash Flow (A) $ 66,000 26,000 34,000 24,000 11,000 Cash Flow (B) --$ 76,000 18,000 21,000 32,000 236,000 2 What is the payback period for both projects? (Round your answers to 2 decimal places, e.g., 32.16.) Project A Project B Payback period 1.36 years years Which project should the company accept? O Project A O Project B
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