he payback method helps firms establish and identify a maximum acceptable payback period that helps in their capital budgeting decisions. Fuzzy Button Clothing Company is a small firm, and several of its managers are worried about how soon the firm will be able to recover its initial investment from Project Omega's expected future cash flows. To answer this question, Fuzzy Button's CFo has asked that you compute the project's payback period using the following expected net cash flows and assuming that the cash. flows are received evenly throughout each year. Complete the following table by computing the project's conventional payback period. (Hint: For full credit, complete the entire table. Round the conventional payback period to the nearest two decimal places. If your answer is negative use a minus sign.) The conventional payback period ignores the time value of money, and this concerns furry Button's cro. He has now asked you to compute Omega's discounted payback period, assuming the company has a 10% cost of capital. Complete the following table and perform any necessary colculations. (Hint: Round the discounted cash flow values to the nearest whole dollar, and the discounted payback period to the nearest two decimal placess. For full credit, complete the entire table. If your answer is negative use a minus sign.) he payback method helps firms establish and identify a maximum acceptable payback period that helps in their capital budgeting decisions. Fuzzy Button Clothing Company is a small firm, and several of its managers are worried about how soon the firm will be able to recover its initial investment from Project Omega's expected future cash flows. To answer this question, Fuzzy Button's CFo has asked that you compute the project's payback period using the following expected net cash flows and assuming that the cash. flows are received evenly throughout each year. Complete the following table by computing the project's conventional payback period. (Hint: For full credit, complete the entire table. Round the conventional payback period to the nearest two decimal places. If your answer is negative use a minus sign.) The conventional payback period ignores the time value of money, and this concerns furry Button's cro. He has now asked you to compute Omega's discounted payback period, assuming the company has a 10% cost of capital. Complete the following table and perform any necessary colculations. (Hint: Round the discounted cash flow values to the nearest whole dollar, and the discounted payback period to the nearest two decimal placess. For full credit, complete the entire table. If your answer is negative use a minus sign.)