Question: urrent Attempt in Progress Blossom Crafts Corp. management is evaluating two independent capital projects that will each cost the company $300,000. The two projects will

urrent Attempt in Progress Blossom Crafts Corp. management is evaluating two independent capital projects that will each cost the company $300,000. The two projects will provide the following cash flows: Year Project A Project B 1 $ 80,750 $ 40,450 2 97,450 99,125 3 28,235 166,000 4 143,655 84,110 (a 1) What is the payback period of both projects? (Round answers to 2 decimal places, e.g. 15.25.) years. The Payback of Project Ais years and Project B is e Textbook and Media Attempts: unlimited Submit Answer Save for Later
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