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Siva inc imposes a payback cutoff of three years for its

Siva, Inc., imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) Cash Flow (B) 0 –$ 64,000 –$ 74,000 1 25,000 17,000 2 32,000 20,000 3 23,000 30,000 4 10,000 234,000 What is the payback period for both projects?

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Financial Management: Siva inc imposes a payback cutoff of three years for its

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