What is payback period for both projects for mckernan inc

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Mckernan Inc. imposes a payback cutoff of three years for its international investment projects. The company has the following two projects

Cash Flow             Cash Flow Year

(A)                            (B )

$109, 400             -$127,000

42,000                     34,000

47,000                     37,000

40,000                     45 ,000

27,000                      249,000

Problem 1: What is the payback period for both projects

Reference no: EM132770902

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