Question: QUESTION ONE [ 3 0 ] 1 . 1 . Two new software projects are proposed to a young, start - up company. The Alpha

QUESTION ONE [30]1.1. Two new software projects are proposed to a young, start-up company. The Alpha project will cost R150,000 to develop and is expected to have an annual net cash flow over the next 5 years of R40,000. The Beta project will cost R200,000 to develop and is expected to have the following annual net cash flows: The company is very concerned about its cash flow. Required Using the payback period, which project is better from a cash flow standpoint? (7) Briefly discuss other factors that should be considered when the company is making its final decision and which limitation of the payback period is illustrated in the question above? (3)

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