Question: HELP PLEASE!!! Transcribed image text Assume a $120,000 investment and the following cash flows for two products: ilYerFroduct Xoroduct Y) 2 3 4 s 50,

HELP PLEASE!!!

Transcribed image text

Assume a $120,000 investment and the following cash flows for two products: ilYerFroduct Xoroduct Y) 2 3 4 s 50, cue , ee z, oe 20, e s 50, ee 40, ee 2e,e 20, e a. Calculate the payback for products X and Y. Note: DO not round intermediate calculations. Round your answers to 2 decimal places. Product X Product Y yea yea b. Which alternative would you select under the payback method? O Product X is selected O Product Y is selected

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