Which project has the better payback period? Project A requires a $25,000 investment and provides $5,000 per year for 6 years; Project B requires an $8,000 project and provides $4,000 per year for 2 years. Explain the strengths and weaknesses of this approach.

Answer rating: 100% (QA)

PROJECT A INITIAL INVESTMENT 25000 CASH FLOW PER YEAR 5000 PAY BACK PERIOD 2500050005YEARS SE... View the full answer