Question: Have to be in excel form A B 2. Compute the payback period statistic for Project X and recommend whether the firm should accept or

Have to be in excel form

Have to be in excel form A B 2. Compute the payback

A B 2. Compute the payback period statistic for Project X and recommend whether the firm should accept or reject the project with the cash flows shown in the chart if the maximum allowable payback is four years. 16 17 Year Cash Flow 18 O -$1,450 19 $250 20 W N H $380 21 $620 22 4 $1,000 23 5 $100 Payback period [Answer here] 24

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