A company imposes a payback cutoff of two years for its international investment projects. If the company has the following two projects available, should it accept either of them?
Year
Cash flow of Project A
Cash flow of Project B
0
-$40,000
-$15,000
1
14,000
11,000
2
18,000
13,000
3
17,000
30,000
4
11,000
500
Group of answer choices
Accept Project A and accept Project B
Reject Project A and reject Project B
Accept Project A and reject Project B
Reject Project A and accept Project B