Question: 6. Two projects are presented to the project selection committee. Project A will cost $250,000 to implement and is expected to have annual net cash

 6. Two projects are presented to the project selection committee. Project

6. Two projects are presented to the project selection committee. Project A will cost $250,000 to implement and is expected to have annual net cash flows of $75,000. Project B will cost $150,000 to implement and should generate annual net cash flows of $ 52,000. Using the payback period method which project is better? Show your work or no credit will be given

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