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Business, 24.12.2019 18:31 sabinaschaaf10

Assume a $170,000 investment and the following cash flows for two products: year product x product y 1 $ 40,000 $ 60,000 2 60,000 70,000 3 50,000 30,000 4 40,000 40,000

a. calculate the payback for products x and y. (do not round intermediate calculations. round your answers to 2 decimal places.)

b. which alternative would you select under the payback method

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Assume a $170,000 investment and the following cash flows for two products: year product x product...
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