Question: Problem 9.19 Timeline Manufacturing Co. is evaluating two projects. The company uses payback criteria of three years or less. Project A has a cost of

Problem 9.19 Timeline Manufacturing Co. is evaluating two projects. The company uses payback criteria of three years or less. Project A has a cost of $935,240, and project B's cost is $1,126,400. Cash flows from both projects are given in the following table. Year Project A Project B 1$86,212 $586,212 313,562 413,277 427,594231,199 4 285,552 What are their discounted payback periods? (Round answers to 2 decimal places, e.g. 15.25. If discounted payback period exceeds life of the project, enter 0.00 for the answer.) Discounted payback periods of project A Discounted payback periods of project B Which will be accepted with a discount rate of 8 percent? Timeline should choose Click if you would like to Show Work for this question: Open Show Work
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