Question: Evaluate the following projects using the payback method assuming a rule of 3 years for payback. Year Project A - 10,000 4,000 4,000 4,000 Project

Evaluate the following projects using the payback method assuming a rule of 3 years for payback. Year Project A - 10,000 4,000 4,000 4,000 Project B - 10,000 4,000 3,000 2,000 1,000,000 AWN- O A. Both projects can be accepted because the payback is less than 3 years. O B. Project A can be accepted because the payback period is 2.5 years but Project B cannot be accepted because its payback period is longer than 3 years. C. Project B should be accepted because even though the payback period is 2.5 years for Project A and 3.001 for project B, there is a $1,000,000 payoff in the 4th year in Project B. OD. Project B should be accepted because you get more money paid back in the long run. O
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