Question: Choosing between two projects with acceptable payback periods Shell Camping Gear, Inc., is considering two mutually exclusive projects. Each requires an initial investment $100,000. John

 Choosing between two projects with acceptable payback periods Shell Camping Gear,

Choosing between two projects with acceptable payback periods Shell Camping Gear, Inc., is considering two mutually exclusive projects. Each requires an initial investment $100,000. John Shell, president of the company, has set a maximum payback period of 4 years. The after-tax cash inflows associated with each project are shown in the following table: a. Determine the payback period of each project. b. Because they are mutually exclusive, Shell must choose one. Which should the company invest in? A Data Table o Jich project should the company invest in? (Select the best answer below.) (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) years of the project. years of the project. Year Cash inflows (CF) Project A Project B $10,000 $40,000 $20,000 $30,000 $30,000 $20,000 $40,000 $10,000 $30,000 $30,000

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